📈 Bitcoin Analysis: $65K Gives Way — and the New Roadmap
$BTC This is an analysis of key levels—not a buy or sell recommendation. Prices are from Kraken on the morning of November 15.
First: Price Structure
• Price is now around $64,818 — below $65,000 on a daily close, and below the 200-week average at around $67,700
• Daily trend: bearish — from around $75,500 last Monday to $61,970 today, down about 18% in six days
• 24-hour range: $61,970–$67,451
• On the 4-hour chart: rebound from $61,970 to $64,784 — but still below $65,000
Second: Key Levels
• Support: $61,970 — tonight’s low, then $59,500
• Resistance: $65,000, then $65,593, then $68,500
• The level that decides the day: $65,000 — reclaiming it would be the first sign of stability
• Invalidation level: a daily close below $61,970 opens the way toward $60,000, then $57,742 (the yearly low)
Third: Derivatives
• Funding is negative on OKX (0.0038%) — shorts are now the ones paying, after a week when longs were paying
• Open interest is $42.79 billion, down 8.94% — meaning leverage is unwinding quickly
• Liquidations totaled $2.02 billion over 24 hours — 86.7% were long positions, across 318,349 traders
Fourth: Flows
• Bitcoin funds saw $185.5 million in outflows on Friday — their seventh consecutive session of outflows, and $1.07 billion for the week
• BlackRock’s fund has had 11 consecutive sessions of outflows — and November fund flows are at $2.35 billion in outflows
• Bitcoin dominance is 58.61% — money is fleeing to Bitcoin
Fifth: Two-Scenario Decision Tree
• Rebound: holding above $61,970 and reclaiming $65,000 opens the way to $68,500 — invalidated by a daily close below $61,970
• Downside: a daily close below $61,970 sends the price back toward $60,000, then $57,742 — invalidated by a daily close above $65,000
What does all this mean? The breakdown has happened, and leverage is unwinding — but negative funding and the rebound from $61,970 suggest forced selling is easing. So $65,000 is the deciding level: a bottom or just a stopping point.
Quick question: Which level do you think decides the day — $65,000 or $61,970? Write the number.
Source: Kraken, CoinGlass, SoSoValue, Farside — November 15, 2026
#Bitcoin #Crypto
$BTC This is an analysis of key levels—not a buy or sell recommendation. Prices are from Kraken on the morning of November 15.
First: Price Structure
• Price is now around $64,818 — below $65,000 on a daily close, and below the 200-week average at around $67,700
• Daily trend: bearish — from around $75,500 last Monday to $61,970 today, down about 18% in six days
• 24-hour range: $61,970–$67,451
• On the 4-hour chart: rebound from $61,970 to $64,784 — but still below $65,000
Second: Key Levels
• Support: $61,970 — tonight’s low, then $59,500
• Resistance: $65,000, then $65,593, then $68,500
• The level that decides the day: $65,000 — reclaiming it would be the first sign of stability
• Invalidation level: a daily close below $61,970 opens the way toward $60,000, then $57,742 (the yearly low)
Third: Derivatives
• Funding is negative on OKX (0.0038%) — shorts are now the ones paying, after a week when longs were paying
• Open interest is $42.79 billion, down 8.94% — meaning leverage is unwinding quickly
• Liquidations totaled $2.02 billion over 24 hours — 86.7% were long positions, across 318,349 traders
Fourth: Flows
• Bitcoin funds saw $185.5 million in outflows on Friday — their seventh consecutive session of outflows, and $1.07 billion for the week
• BlackRock’s fund has had 11 consecutive sessions of outflows — and November fund flows are at $2.35 billion in outflows
• Bitcoin dominance is 58.61% — money is fleeing to Bitcoin
Fifth: Two-Scenario Decision Tree
• Rebound: holding above $61,970 and reclaiming $65,000 opens the way to $68,500 — invalidated by a daily close below $61,970
• Downside: a daily close below $61,970 sends the price back toward $60,000, then $57,742 — invalidated by a daily close above $65,000
What does all this mean? The breakdown has happened, and leverage is unwinding — but negative funding and the rebound from $61,970 suggest forced selling is easing. So $65,000 is the deciding level: a bottom or just a stopping point.
Quick question: Which level do you think decides the day — $65,000 or $61,970? Write the number.
Source: Kraken, CoinGlass, SoSoValue, Farside — November 15, 2026
#Bitcoin #Crypto
