Bitcoin closed just below its 50-week moving average (MA) at $74,968, a pattern seen twice before after bear-market bottoms in 2011-12 and 2019-20. This dip is considered a 'fakeout' by Galaxy Research, indicating the 4-year cycle remains intact and the bull market is likely to continue. Historically, Bitcoin has slipped below this key level after recovering from lows but then rebounded to new highs. The critical support level to watch is $59,517; as long as Bitcoin stays above this and reclaims the 50-week MA soon, the bullish trend is expected to hold.
Bitcoin trades at Rp1.342.725.643 on Pluang as of Nov 09, 2026, 16:51 WIB, down 2.02% in the last day. Market participants show 63% buy orders, reflecting ongoing interest despite recent price dips. The typical hold time of 113 days suggests investors are maintaining positions amid the cycle's signals.
Ether (ETH) price fell more than 6% in 24 hours, hitting an intraday low of $2,093.15 due to liquidations of leveraged positions totaling around $449 million. Most liquidations were long positions, following a week of $365.2 million net outflows from...
On November 7, Dogecoin was the only one among five major cryptocurrencies to have a negative perpetual-futures funding rate, indicating traders holding long positions were paid by those holding shorts. Meanwhile, open interest—the total value of out...
I/O Fund's lead analyst Beth Kindig predicts another significant Bitcoin price drop in the coming months, although the firm maintains a long-term target of $2 million without a set timeline. Two possible paths for this decline were outlined: one wher...
On November 7, Pump.fun (PUMP) was the worst-performing cryptocurrency among the top 90 non-stablecoins, falling 9.74% to $0.00365. This continued its trend as it also led losses in mid-October. Meanwhile, Quant (QNT) was the strongest gainer, rising...
Bitcoin fell below $75,000 and Ethereum dropped near $2,100 due to concerns over stricter US crypto regulations following Democratic election wins, the $6.34 billion Binance hack, and significant institutional ETF withdrawals totaling $530 million. T...
