🚨 WHAT HAPPENED OVERNIGHT?
Here are the 8 most important highlights, with analysis:
📉💥 Bitcoin fell below $68,000, its lowest level since August…
🤖 Nvidia CEO Jensen Huang resigns following an affair scandal.
🔥 LIQUIDATIONS: More than $1.2 billion in long positions wiped out in 24 hours, including $440 million in just one hour.
↳ Nights like this mostly affect buyers using leverage.
📊 Bitcoin is testing the 200-week moving average at around $67,800. Since October 2, the decline has exceeded −19%.
↳ The 200-week moving average is now the most important level on the chart.
💵 The dollar rose to its highest level since April 2025, while the 10-year U.S. Treasury yield stood at 5.10%.
🩸 ETFs: Outflows for the 6th day in a row. BlackRock’s IBIT lost $2 billion in just 9 sessions.
↳ A strong dollar, high interest rates, no ETF buyers, dependence on stocks, and liquidations. These are all headwinds.
🇩🇪 HOLDING PERIOD: The Finance Ministry responded after BILD’s report with the words, “I wouldn’t celebrate too soon.”
🇺🇸 Trump nominated new candidates for the SEC and CFTC for the first time in a year.
💬 Bitcoin is at $68,000. Would you buy more here, or keep waiting?
Here are the 8 most important highlights, with analysis:
📉💥 Bitcoin fell below $68,000, its lowest level since August…
🤖 Nvidia CEO Jensen Huang resigns following an affair scandal.
🔥 LIQUIDATIONS: More than $1.2 billion in long positions wiped out in 24 hours, including $440 million in just one hour.
↳ Nights like this mostly affect buyers using leverage.
📊 Bitcoin is testing the 200-week moving average at around $67,800. Since October 2, the decline has exceeded −19%.
↳ The 200-week moving average is now the most important level on the chart.
💵 The dollar rose to its highest level since April 2025, while the 10-year U.S. Treasury yield stood at 5.10%.
🩸 ETFs: Outflows for the 6th day in a row. BlackRock’s IBIT lost $2 billion in just 9 sessions.
↳ A strong dollar, high interest rates, no ETF buyers, dependence on stocks, and liquidations. These are all headwinds.
🇩🇪 HOLDING PERIOD: The Finance Ministry responded after BILD’s report with the words, “I wouldn’t celebrate too soon.”
🇺🇸 Trump nominated new candidates for the SEC and CFTC for the first time in a year.
💬 Bitcoin is at $68,000. Would you buy more here, or keep waiting?