Bitcoin entered the week of November 16–22 at a three-month low: late Saturday, the price was around $64,500, and the Fear & Greed Index fell to 13, in the extreme fear zone; the 200-week moving average, around $67,800, had been breached, and the 12-month low was $58,570 on July 1. (Source: CryptoCompass, November 15)
Key events this week (Central European Time):
Monday, November 16, 18:00: Fed Chair Warsh speaks in San Francisco, his first public remarks since the rate meeting;
Tuesday, November 17, 22:20: Nvidia releases its third-quarter earnings, followed by a conference call;
Wednesday, November 18, 20:00: The Fed releases minutes from its October 27–28 meeting, at which two committee members voted in favor of a rate hike;
Thursday, November 19: Anthropic shares begin trading on Nasdaq; GTA 6 is also released that day;
Friday, November 20, 9:00: Around 28,300 Bitcoin options expire on Deribit, with a max pain point of $73,000 and a notional value of about $1.8 billion.
U.S. spot Bitcoin ETFs saw net outflows of $1.07 billion in the week of November 9–13, marking seven consecutive trading days of outflows, including $908 million from BlackRock's IBIT. (Source: Farside Investors)
$BTC $ETH
Key events this week (Central European Time):
Monday, November 16, 18:00: Fed Chair Warsh speaks in San Francisco, his first public remarks since the rate meeting;
Tuesday, November 17, 22:20: Nvidia releases its third-quarter earnings, followed by a conference call;
Wednesday, November 18, 20:00: The Fed releases minutes from its October 27–28 meeting, at which two committee members voted in favor of a rate hike;
Thursday, November 19: Anthropic shares begin trading on Nasdaq; GTA 6 is also released that day;
Friday, November 20, 9:00: Around 28,300 Bitcoin options expire on Deribit, with a max pain point of $73,000 and a notional value of about $1.8 billion.
U.S. spot Bitcoin ETFs saw net outflows of $1.07 billion in the week of November 9–13, marking seven consecutive trading days of outflows, including $908 million from BlackRock's IBIT. (Source: Farside Investors)
$BTC $ETH
