$BTC (BTC) - LATEST ANALYSIS - 9 Nov 2026*
*Price:* Around $74,010
*Bias:* Bearish
- *Support:* $73,500 - $73,000 (200-Day MA - Last Defense)
- *Resistance:* $75,000 - $76,463 (200-Day EMA - Now Broken Support)
- *RSI:* 37 - Near Oversold
*What is Happening?*
$BTC broke down below $75,000 - the pivotal level. It hit a 2-month low of $73,708 on Sunday night. This is the 5th consecutive week of losses.
$1 Billion liquidated in last 24h, mostly longs. ETF outflows hit $1.28 Billion last week - worst since June, YTD flows turned negative.
Fed hike odds for December now 78.5%. All eyes on Tuesday CPI (13 Nov) and Friday PPI.
*Trade Plan:*
- Reclaim $75,000 = Bounce possible towards $76,463 then $77,635
- Hold above $73,500 = Sideways, wait for CPI
- Daily close below $73,500 = Downside opens towards $70,000
*Note:* Educational analysis only, not financial advice. Trade with proper risk management.
#BitcoinFiveWeeklyLosses #BTC☀
*Price:* Around $74,010
*Bias:* Bearish
- *Support:* $73,500 - $73,000 (200-Day MA - Last Defense)
- *Resistance:* $75,000 - $76,463 (200-Day EMA - Now Broken Support)
- *RSI:* 37 - Near Oversold
*What is Happening?*
$BTC broke down below $75,000 - the pivotal level. It hit a 2-month low of $73,708 on Sunday night. This is the 5th consecutive week of losses.
$1 Billion liquidated in last 24h, mostly longs. ETF outflows hit $1.28 Billion last week - worst since June, YTD flows turned negative.
Fed hike odds for December now 78.5%. All eyes on Tuesday CPI (13 Nov) and Friday PPI.
*Trade Plan:*
- Reclaim $75,000 = Bounce possible towards $76,463 then $77,635
- Hold above $73,500 = Sideways, wait for CPI
- Daily close below $73,500 = Downside opens towards $70,000
*Note:* Educational analysis only, not financial advice. Trade with proper risk management.
#BitcoinFiveWeeklyLosses #BTC☀
