Today’s market in 5 lines: BTC closed Saturday below the 200-week average — and today’s five figures tell a story of money flowing out, not in.
Today’s figures:
• BTC ~66.932 — low 66.427,6, below the 200-week average of ~67.750–68.000; −3,7% in 24 hours
• ETH ~1.897 · SOL ~75,6 · XRP ~0,99 — ETH below 2.000, XRP below 1 dollar
• U.S. spot Bitcoin ETFs: −185,4 million dollars Friday, seventh consecutive session of outflows (Farside, 14 Nov)
• Stablecoin supply: −14,2 billion dollars over 30 days, the fastest contraction since June 2022 (Glassnode, 11 Nov)
• Strategy has ~7,2 billion dollars in paper losses on BTC — cost basis 75.456 vs. price ~66.932 (SEC 8-K, 9 Nov)
My take: this isn’t a drop caused by one piece of news. ETFs have seen outflows for seven sessions, stablecoins are shrinking, and the largest treasury is underwater — three signals pointing in the same direction: money is flowing out. Yesterday’s bounce to 70.188 has already failed, and today’s close below the 200-week average keeps me cautious, not rushing to look for a bounce.
What I’m watching next: U.S. Retail Sales on Tuesday, 17 Nov at 20:30 WIB — the first consumer data after PPI — plus the FOMC minutes on Thursday, 19 Nov at 02:00 WIB. Reclaiming 67.750–68.000 would change this reading; failing to hold 66.400 opens up discussion of 66.000.
What do you think: will Monday open with a reclaim of 68.000, or will BTC test 66.000 first?
This is my analysis, not financial advice — always DYOR.
#PasarHariIni #Bitcoin $BTC $ETH $XRP
Today’s figures:
• BTC ~66.932 — low 66.427,6, below the 200-week average of ~67.750–68.000; −3,7% in 24 hours
• ETH ~1.897 · SOL ~75,6 · XRP ~0,99 — ETH below 2.000, XRP below 1 dollar
• U.S. spot Bitcoin ETFs: −185,4 million dollars Friday, seventh consecutive session of outflows (Farside, 14 Nov)
• Stablecoin supply: −14,2 billion dollars over 30 days, the fastest contraction since June 2022 (Glassnode, 11 Nov)
• Strategy has ~7,2 billion dollars in paper losses on BTC — cost basis 75.456 vs. price ~66.932 (SEC 8-K, 9 Nov)
My take: this isn’t a drop caused by one piece of news. ETFs have seen outflows for seven sessions, stablecoins are shrinking, and the largest treasury is underwater — three signals pointing in the same direction: money is flowing out. Yesterday’s bounce to 70.188 has already failed, and today’s close below the 200-week average keeps me cautious, not rushing to look for a bounce.
What I’m watching next: U.S. Retail Sales on Tuesday, 17 Nov at 20:30 WIB — the first consumer data after PPI — plus the FOMC minutes on Thursday, 19 Nov at 02:00 WIB. Reclaiming 67.750–68.000 would change this reading; failing to hold 66.400 opens up discussion of 66.000.
What do you think: will Monday open with a reclaim of 68.000, or will BTC test 66.000 first?
This is my analysis, not financial advice — always DYOR.
#PasarHariIni #Bitcoin $BTC $ETH $XRP