Bitcoin stabilized near $75,900 after testing the $75,000 support level, despite $1.28 billion in outflows from US spot Bitcoin ETFs over five days. Institutional selling, led by BlackRock, has raised concerns about Bitcoin's ability to sustain a recovery. If Bitcoin falls below $74,800, it could drop further to $73,200 or even $70,000–$72,000 support zones. Conversely, regaining $76,500–$77,000 could signal momentum toward $80,000, though economic uncertainty and weak institutional demand pose ongoing risks.
Bitcoin price action provides context for Pluang's market snapshot. As of Nov 07, 2026 22:02 WIB, 12 of 50 major cryptocurrencies rose while 37 fell. Notable movers include EGLD at Rp57.006 with a -3.83% change and 96% buy activity, LUNC at Rp0,722 down 3.70% with 84% buy activity, and KSM at Rp59.118 down 3.58% with a near-even buy/sell split.
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