Bitcoin Spotlight — Nov 13
BTC is under heavy pressure, trading near $68,800, down ~6.5% in 24h after briefly plunging below $70,000 to an intraday low near $68,300. Over $620M in leveraged positions were liquidated in just 4 hours, mostly longs.
Support: $68,000–$68,500, then $67,000. Resistance: $73,000, then $74,000. Fear & Greed sits at 20 — Extreme Fear.
📰 Nvidia CEO Jensen Huang's sudden resignation rattled risk assets, while spot BTC ETFs logged $1.44B in outflows over 5 sessions. All eyes now on today's US PPI data.
ETH is holding near $2,010 (-2%) and SOL near $79 (-5%) — the whole market is moving with BTC.
Takeaway: $70,000 is the line to watch — reclaim it for relief, lose $68,000 and $65,000 comes into view. Stay cautious, manage risk.
#BTC #ETH #SOL
BTC is under heavy pressure, trading near $68,800, down ~6.5% in 24h after briefly plunging below $70,000 to an intraday low near $68,300. Over $620M in leveraged positions were liquidated in just 4 hours, mostly longs.
Support: $68,000–$68,500, then $67,000. Resistance: $73,000, then $74,000. Fear & Greed sits at 20 — Extreme Fear.
📰 Nvidia CEO Jensen Huang's sudden resignation rattled risk assets, while spot BTC ETFs logged $1.44B in outflows over 5 sessions. All eyes now on today's US PPI data.
ETH is holding near $2,010 (-2%) and SOL near $79 (-5%) — the whole market is moving with BTC.
Takeaway: $70,000 is the line to watch — reclaim it for relief, lose $68,000 and $65,000 comes into view. Stay cautious, manage risk.
#BTC #ETH #SOL
