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Bitcoin dips below $69K, risking a drop to $65K; recovery needs $70K then $74K.

Market News
13 Nov 2026, 18:04 WIB
Crypto Briefing
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Neutral
Bitcoin dips below $69K, risking a drop to $65K; recovery needs $70K then $74K.

Bitcoin fell below its recent $70,000 to $75,000 range, trading around $68,500 and dipping under its 200-week moving average near $68,000. Analyst Matt Mena warns that a sustained drop below $69,000 could lead to a test of $65,000 support, while a recovery requires reclaiming $70,000 first and then $74,000 for a sustained rebound. The decline is linked to broader market conditions like US dollar strength and inflation data rather than crypto-specific factors. Despite near-term risks, Mena remains cautiously optimistic about Bitcoin's longer-term potential, citing strong historical fourth-quarter returns and possible targets above $87,000.

Bitcoin's market cap on Pluang stands at Rp25.313,1 trillion as of Nov 13, 2026 23:22 WIB, with a 24-hour trading volume of Rp809,98 trillion. The price on Pluang is Rp1.248.244.560, down 4.69% in the last day, reflecting active trading where 73% of orders are buys. Typical hold time among Pluang investors is 113 days, indicating a moderate-term investment horizon amid current price fluctuations.

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