Bitcoin (BTC) Spotlight — Nov 12
Bitcoin is holding near $73,600, up ~0.3% in 24h after bouncing off the $73,200 zone. Still down ~8% on the week — sellers are in control for now.
Key levels: support $72,700-$73,000, then $72,000; resistance $74,500, then $75,000-$75,600. Reclaiming $75,600 would change the mood.
News: October CPI came in hot (0.4% vs 0.3% expected) and a December Fed hike is now close to certain. US spot Bitcoin ETFs have seen ~$1.6B of outflows in November, and MSCI will remove Strategy from its indexes after Nov 30 — more pressure on the biggest corporate buyer.
Ethereum is flat near $2,045 and Solana near $83, both tracking the range-bound mood.
Takeaway: range-bound with a bearish tilt below $75,600 — watch the $73,000 support. Stop-loss is essential. This is not financial advice — DYOR.
#BTC #ETH #SOL
Bitcoin is holding near $73,600, up ~0.3% in 24h after bouncing off the $73,200 zone. Still down ~8% on the week — sellers are in control for now.
Key levels: support $72,700-$73,000, then $72,000; resistance $74,500, then $75,000-$75,600. Reclaiming $75,600 would change the mood.
News: October CPI came in hot (0.4% vs 0.3% expected) and a December Fed hike is now close to certain. US spot Bitcoin ETFs have seen ~$1.6B of outflows in November, and MSCI will remove Strategy from its indexes after Nov 30 — more pressure on the biggest corporate buyer.
Ethereum is flat near $2,045 and Solana near $83, both tracking the range-bound mood.
Takeaway: range-bound with a bearish tilt below $75,600 — watch the $73,000 support. Stop-loss is essential. This is not financial advice — DYOR.
#BTC #ETH #SOL
