# Bitcoin Falls Below $75,000 as Risk Appetite Weakens
Bitcoin dropped below $75,000 after failing to hold above $81,000 following the Nov. 4 US midterms. ETF outflows, tech-stock losses and shifting rate expectations are weighing on sentiment.
# $75,000 Support Lost
The post-election rally reversed amid tech selling, AI investment concerns and institutional crypto outflows. BTC fell ~5.5% on Nov. 5, then touched ~$74,800 on Nov. 6, its lowest since August. The former $75,000–76,000 support zone has become resistance.
# Spot Bitcoin ETFs See $1.28B in Outflows
US spot BTC ETFs recorded ~$1.28B in net outflows during Nov. 2–6. Withdrawals were $430.2M on Nov. 5 and $411.9M on Nov. 6. BlackRock's IBIT lost ~$403M; Fidelity's FBTC received $42.8M. Weekly outflows pushed 2026 year-to-date net flows into negative territory, weakening institutional demand.
# Sentiment and Fed Pressure
On Nov. 8, the Crypto Fear & Greed Index was 28; Bitcoin sentiment stood at 40. October payrolls rose by 165,000, strengthening expectations that the Fed may keep rates higher for longer. This can weigh on non-yielding assets such as BTC.
# Key BTC Levels
The next major support is the 200-day moving average near $73,200, followed by $70,000.
- $76,000: first resistance.
- $75,000: former support to reclaim.
- $74,700: recent low.
- $73,200: 200-day average.
- $70,000: next psychological support.
Reclaiming $75,000–76,000 could open a move toward $78,000–80,000. Losing $74,700 would put $73,200 at risk.
# Altcoins Under Pressure
ETH fell ~13.6% and SOL ~22.4% over the past month. $BTC BTC dominance near 59%–60% suggests investors favor liquid assets over riskier altcoins. A BTC move toward $73,200 could amplify altcoin volatility.
# What to Watch
Markets will watch ETF flows, US inflation data, Fed guidance and BTC's ability to reclaim $75,000–76,000. A sustained recovery likely requires renewed institutional demand and broader risk appetite
Bitcoin dropped below $75,000 after failing to hold above $81,000 following the Nov. 4 US midterms. ETF outflows, tech-stock losses and shifting rate expectations are weighing on sentiment.
# $75,000 Support Lost
The post-election rally reversed amid tech selling, AI investment concerns and institutional crypto outflows. BTC fell ~5.5% on Nov. 5, then touched ~$74,800 on Nov. 6, its lowest since August. The former $75,000–76,000 support zone has become resistance.
# Spot Bitcoin ETFs See $1.28B in Outflows
US spot BTC ETFs recorded ~$1.28B in net outflows during Nov. 2–6. Withdrawals were $430.2M on Nov. 5 and $411.9M on Nov. 6. BlackRock's IBIT lost ~$403M; Fidelity's FBTC received $42.8M. Weekly outflows pushed 2026 year-to-date net flows into negative territory, weakening institutional demand.
# Sentiment and Fed Pressure
On Nov. 8, the Crypto Fear & Greed Index was 28; Bitcoin sentiment stood at 40. October payrolls rose by 165,000, strengthening expectations that the Fed may keep rates higher for longer. This can weigh on non-yielding assets such as BTC.
# Key BTC Levels
The next major support is the 200-day moving average near $73,200, followed by $70,000.
- $76,000: first resistance.
- $75,000: former support to reclaim.
- $74,700: recent low.
- $73,200: 200-day average.
- $70,000: next psychological support.
Reclaiming $75,000–76,000 could open a move toward $78,000–80,000. Losing $74,700 would put $73,200 at risk.
# Altcoins Under Pressure
ETH fell ~13.6% and SOL ~22.4% over the past month. $BTC BTC dominance near 59%–60% suggests investors favor liquid assets over riskier altcoins. A BTC move toward $73,200 could amplify altcoin volatility.
# What to Watch
Markets will watch ETF flows, US inflation data, Fed guidance and BTC's ability to reclaim $75,000–76,000. A sustained recovery likely requires renewed institutional demand and broader risk appetite
