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Bitcoin struggles near $73,700 amid weak demand and rising exchange inflows, risking a drop below $72,000.

Market News
12 Nov 2026, 07:00 WIB
Crypto news
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Bearish
Bitcoin struggles near $73,700 amid weak demand and rising exchange inflows, risking a drop below $72,000.

Bitcoin price remains stuck around $73,700 as weak institutional demand and rising exchange inflows weigh on the market. Despite brief recoveries, the cryptocurrency struggles to break above resistance levels, with miners reducing reserves and ETF outflows continuing. Analysts warn the recent correction hasn't cleared enough leveraged positions, limiting recovery potential. A drop below $72,000 could lead to further declines toward $70,000, while surpassing $75,565 might improve technical outlooks.

Bitcoin's market cap on Pluang stands at Rp27.028,7 trillion as of Nov 12, 2026, 12:21 WIB, with a 24-hour trading volume of Rp435,7 trillion. The price is Rp1.333.733.200, showing a slight 0.25% increase over the day. Buy orders dominate at 72%, and typical holding time among investors is 113 days, indicating steady interest despite recent market pressures.

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