$BTC Breaks below $65,000: market sentiment falls into extreme fear
• $BTC around $64,000–64,500 in the early hours of 15/11 (Vietnam time), down 5.9%/24h and 14.4%/7 days; intraday low ~$63,300.
• The Fear & Greed Index is down to just 13 — Extreme Fear territory, its lowest level in over 4 months.
• ~$691 million liquidated in just the past hour, with longs accounting for $671 million; ~$1.26 billion in 24h — leveraged long positions are being wiped out one after another.
• Daily RSI ~22, deeply oversold; BTC ETFs saw net outflows of ~$1.065 billion in the week ending 13/11, with ~$2.35 billion over 2 consecutive weeks.
• The crowd is extremely bearish — historically, extreme fear has often coincided with sharp volatility in both directions, but it does not mean a bottom has formed.
Levels to watch: support at ~$63,400–64,400, resistance at $66,600 and then $70,000; next week, U.S. retail sales (17/11), FOMC minutes (18/11), and Nvidia earnings (17/11) could stir up sentiment.
This article is for market information and analysis only, not investment advice.
$BTC #Bitcoin #Crypto #FearAndGreed
• $BTC around $64,000–64,500 in the early hours of 15/11 (Vietnam time), down 5.9%/24h and 14.4%/7 days; intraday low ~$63,300.
• The Fear & Greed Index is down to just 13 — Extreme Fear territory, its lowest level in over 4 months.
• ~$691 million liquidated in just the past hour, with longs accounting for $671 million; ~$1.26 billion in 24h — leveraged long positions are being wiped out one after another.
• Daily RSI ~22, deeply oversold; BTC ETFs saw net outflows of ~$1.065 billion in the week ending 13/11, with ~$2.35 billion over 2 consecutive weeks.
• The crowd is extremely bearish — historically, extreme fear has often coincided with sharp volatility in both directions, but it does not mean a bottom has formed.
Levels to watch: support at ~$63,400–64,400, resistance at $66,600 and then $70,000; next week, U.S. retail sales (17/11), FOMC minutes (18/11), and Nvidia earnings (17/11) could stir up sentiment.
This article is for market information and analysis only, not investment advice.
$BTC #Bitcoin #Crypto #FearAndGreed