$BTC Bitcoin is trading around $74,900, down about 1.2% in 24 hours and roughly 40% below its all-time high of about $126K. It has now lost the $76,141 low from Oct 30, so the short-term bias is cautious.
Resistance: $79.1K first, then the 20-day and 50-day averages near $81K–$82K (as of Nov 1). Bulls need a close above those to shift the trend.
Support: The 200-day average near $73.1K is the next big line. A break below it opens the way to the low $70Ks.
Catalysts: MSCI's decision on Strategy (MSTR) on Nov 11, plus spot ETF flows, which saw heavy outflows in recent weeks.#CPITestsDecemberRateOutlook #AnthropicRejectsIPODelayValuationinQuestion #NvidiaInvestigatesAfterHuang’sAffairApology #CanNvidiaEarningsEaseMarketConcerns? #US-IranTalksFuelStrongStockMarketRebound