BITCOIN BELOW 65,000 $ : PRESSURE IS MOUNTING.

In just 7 days, Bitcoin has lost around 14% and hit its lowest level since mid-August.

Three indicators deserve our attention:

→ 65,000 $ : Bitcoin is now 48% below its October 2025 record.

→ 13/100: The Fear & Greed Index has plunged into extreme fear territory, its lowest level in five months.

→ $1.67 billion: Cumulative outflows from Bitcoin ETFs over 7 sessions since November 5.

But the macroeconomic context adds another dimension:

→ PPI: +0.3%, versus 0.4% expected.
→ Annual producer price inflation: 6.5%.
→ 10-year U.S. Treasury yield: 5.15%.

My analysis:

What catches my attention is not just Bitcoin’s decline.

It’s the combination of significant ETF outflows, extreme fear, and shifting monetary expectations.

Institutional investors are reducing their exposure as overall sentiment deteriorates.

However, keep in mind: ETF outflows don’t mean that all institutional investors are abandoning Bitcoin.

Price levels will matter, but flows and macroeconomic data could provide the next clues.

In your view, are we facing a prolonged correction or a repositioning opportunity?

Educational content, not investment advice.#BitcoinActiveSupplyInProfitDropsBelow45%