Bitcoin just lost its 200-week moving average — and Fear & Greed is at 13.
• BTC trades near $66,600, down 10% this week and 7.6% below its 200-day average at $73,047, with daily RSI at 23 — deeply oversold.
• US spot Bitcoin ETFs just printed a sixth straight day of outflows — $185M on Friday, $1.44B across five sessions — while December Fed hike odds sit near 90% and the 10-year yield holds 5.15%.
• $1.26B in positions liquidated in 24 hours, 86% of them longs, and BTC dominance holds 59.5% as the total market drops to $2.27T.
My bias: $66,400 holds and BTC reclaims $68,500 first. The flush cleared the leverage, and extreme fear at 13 is where bottoms get built.
Evening levels: resistance $68,500, then $70,000 — reclaim it and the trend flips back. Support $66,400, then $63,500. ETH sits on $1,875 — lose it and $1,700 opens. US markets reopen Monday 9:30 AM ET; until then, thin weekend liquidity rules.
Below $66,400, this setup is off the table.
The leveraged longs are gone — are you buying this $66,400 floor or waiting for $70,000 to flip back to support?
$BTC $ETH $BNB #Bitcoin #BTC #CryptoNews #CryptoMarket #Fed
• BTC trades near $66,600, down 10% this week and 7.6% below its 200-day average at $73,047, with daily RSI at 23 — deeply oversold.
• US spot Bitcoin ETFs just printed a sixth straight day of outflows — $185M on Friday, $1.44B across five sessions — while December Fed hike odds sit near 90% and the 10-year yield holds 5.15%.
• $1.26B in positions liquidated in 24 hours, 86% of them longs, and BTC dominance holds 59.5% as the total market drops to $2.27T.
My bias: $66,400 holds and BTC reclaims $68,500 first. The flush cleared the leverage, and extreme fear at 13 is where bottoms get built.
Evening levels: resistance $68,500, then $70,000 — reclaim it and the trend flips back. Support $66,400, then $63,500. ETH sits on $1,875 — lose it and $1,700 opens. US markets reopen Monday 9:30 AM ET; until then, thin weekend liquidity rules.
Below $66,400, this setup is off the table.
The leveraged longs are gone — are you buying this $66,400 floor or waiting for $70,000 to flip back to support?
$BTC $ETH $BNB #Bitcoin #BTC #CryptoNews #CryptoMarket #Fed
