#BitcoinFiveWeeklyLosses
๐จ BITCOIN: FIVE WEEKLY LOSSES IN A ROW
This is RARE. This has only happened TWICE since 2017.
Bitcoin is trading near $75,800, about 3% below its weekly open โ setting up its 5th consecutive weekly loss.ใ6375203954287992485โ L10-L14ใ
The 5-Week Bleed:
Oct 4: $86,507 (+2.4%)
Oct 11: $83,678 (-3.3%)
Oct 18: $82,007 (-2.0%)
Oct 25: $80,053 (-2.4%)
Nov 1: $78,231 (-2.3%)
Now: ~$75,800 (-3%)
Total drop: -12.4% in 5 weeks. Price has lost 12.4% since the weekly close of $86,507 on October 4.ใ6375203954287992485โ L13-L16ใ
This is NOT a crash. This is a slow bleed.
Why is this important?
In 498 weeks of data since April 2017, five or more red weeks happened only twice โ in 2022 and in early 2026.ใ6375203954287992485โ L31-L34ใ
And history is mixed:
- In 2022: 5 red weeks led to -23.5% more drop after 4 weeks
- In early 2026: 6 red weeks from $93,630 to $65,769 (-29.8%), but 12 weeks later price was UP +14.5%
So 5 red weeks can mean BOTH โ middle of bear market OR turning point.
What caused it?
- $1.28B outflow from US Bitcoin ETFs this week
- Midterm election uncertainty
- Chip stocks selloff + Apple margin warning
- Risk-off before CPI on Nov 10
What To Watch Next:
1. Weekly close above $75,000? Hold it = hope.
2. CPI on Tuesday Nov 10 โ this will decided next move.
3. ETF flows โ do outflows stop?
My Take:
Don't panic sell at the bottom. Don't leverage long either.
5 red weeks = exhausted sellers OR start of bigger drop. We need CPI + weekly close to confirm.
Are you buying this 5-week dip, or waiting for a green week first?
Comment ๐
๐ข = Buying the dip
๐ด = Waiting for reversal
#Bitcoin #BTC #CryptoNews #BTCPrice
$BTC $ETH
๐จ BITCOIN: FIVE WEEKLY LOSSES IN A ROW
This is RARE. This has only happened TWICE since 2017.
Bitcoin is trading near $75,800, about 3% below its weekly open โ setting up its 5th consecutive weekly loss.ใ6375203954287992485โ L10-L14ใ
The 5-Week Bleed:
Oct 4: $86,507 (+2.4%)
Oct 11: $83,678 (-3.3%)
Oct 18: $82,007 (-2.0%)
Oct 25: $80,053 (-2.4%)
Nov 1: $78,231 (-2.3%)
Now: ~$75,800 (-3%)
Total drop: -12.4% in 5 weeks. Price has lost 12.4% since the weekly close of $86,507 on October 4.ใ6375203954287992485โ L13-L16ใ
This is NOT a crash. This is a slow bleed.
Why is this important?
In 498 weeks of data since April 2017, five or more red weeks happened only twice โ in 2022 and in early 2026.ใ6375203954287992485โ L31-L34ใ
And history is mixed:
- In 2022: 5 red weeks led to -23.5% more drop after 4 weeks
- In early 2026: 6 red weeks from $93,630 to $65,769 (-29.8%), but 12 weeks later price was UP +14.5%
So 5 red weeks can mean BOTH โ middle of bear market OR turning point.
What caused it?
- $1.28B outflow from US Bitcoin ETFs this week
- Midterm election uncertainty
- Chip stocks selloff + Apple margin warning
- Risk-off before CPI on Nov 10
What To Watch Next:
1. Weekly close above $75,000? Hold it = hope.
2. CPI on Tuesday Nov 10 โ this will decided next move.
3. ETF flows โ do outflows stop?
My Take:
Don't panic sell at the bottom. Don't leverage long either.
5 red weeks = exhausted sellers OR start of bigger drop. We need CPI + weekly close to confirm.
Are you buying this 5-week dip, or waiting for a green week first?
Comment ๐
๐ข = Buying the dip
๐ด = Waiting for reversal
#Bitcoin #BTC #CryptoNews #BTCPrice
$BTC $ETH
