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Bitcoin price drops 8.5% to retest key support at $67,640 amid market fear.

Technical Signals
13 Nov 2026, 13:07 WIB
Crypto Daily
View Source
Neutral
Bitcoin price drops 8.5% to retest key support at $67,640 amid market fear.

Bitcoin's price fell sharply by about 8.5%, hitting a low of $67,640 and breaking below $70,000 for the first time since August. This decline tested the critical 200-week moving average and the bull market support trendline near $65,750. Technical indicators suggest Bitcoin is oversold and may have found a bottom around $68,000, supported by Fibonacci levels and momentum indicators like the Stochastic RSI and RSI. However, market fear could push prices lower before stabilizing, with a potential sideways movement and retesting of support before any recovery.

Bitcoin trades at Rp1.264.986.800 on Pluang as of Nov 13, 2026 18:21 WIB, down 5.01% in the last day. Market participants show a strong buying interest with 73% of orders on Pluang being buys. The typical hold time for Bitcoin on Pluang is 113 days, indicating a medium-term investment horizon among users.

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