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Bitcoin drops 8.5%, falls below $70,000 for first time since August

Technical Signals
13 Nov 2026, 13:17 WIB
Tokenpost
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Bearish
Bitcoin drops 8.5%, falls below $70,000 for first time since August

Bitcoin (BTC) fell about 8.5%, dropping roughly $6,300 to a low of $67,640, breaking below $70,000 for the first time since August. This decline brings focus back to its 200-week simple moving average and key price levels around $69,000 and $68,000, which are significant technical thresholds. Indicators like the Stochastic RSI and relative strength index suggest the market is nearing oversold conditions, with the next support level around $65,750. Previous large pullbacks did not show quick recoveries, signaling cautious outlook ahead.

Bitcoin's price on Pluang dropped 5.01% to Rp1.264.986.800, providing context for the news of its recent 8.5% fall to $67,640. For readers following cryptocurrency markets, here is Pluang's snapshot as of Nov 13, 2026 18:21 WIB: out of 50 major cryptocurrencies, 14 rose and 35 fell. Notable movers include UNI at Rp106.079 with a 5.42% decline and a 25% Sell / 75% Buy order split, BTC with a 27% Sell / 73% Buy order activity and typical hold time of 113 days, and LUNC at Rp0,666 with a 4.81% drop and 9% Sell / 91% Buy order activity.

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