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Bitcoin dips below $74K with risks of falling to $65K amid ETF outflows and inflation concerns

Technical Signals
11 Nov 2026, 17:57 WIB
Crypto news
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Bearish
Bitcoin dips below $74K with risks of falling to $65K amid ETF outflows and inflation concerns

Bitcoin's price fell from near $80,000 to around $73,500 by Nov. 11, facing pressure from a descending trading channel and heavy liquidation clusters between $76,000 and $77,500. Analyst Tranquility Crypto warns of a potential further drop to $65,000 if Bitcoin breaks below its current trend, while another analyst sees a possible rebound toward $77,500 if stock markets gain momentum. Meanwhile, U.S. spot Bitcoin ETFs saw $1.28 billion in withdrawals during Nov. 2–6, reflecting investor caution. October inflation data showing a 0.4% rise in consumer prices adds to market uncertainty. These factors suggest Bitcoin's near-term price action remains volatile with downside risks and potential rebounds tied to broader market moves.

While Bitcoin's price on Pluang stands at Rp1.339.505.953 as of Nov 11, 2026 23:02 WIB, showing a modest 0.91% gain over the past day, this contrasts with the article's note of a slide near $73,000. The current circulating supply on Pluang is 20.1 million BTC, representing 96% of the total, with a strong buy sentiment at 76% of order activity. This suggests that despite short-term volatility, many investors on Pluang maintain a bullish stance with an average hold time of 113 days.

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