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Bitcoin drops to $65,500 amid extreme fear, with historical data suggesting possible further declines before recovery.

Market News
14 Nov 2026, 23:21 WIB
CryptoTicker
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Bearish
Bitcoin drops to $65,500 amid extreme fear, with historical data suggesting possible further declines before recovery.

Bitcoin's price fell to around $65,500 on November 14, 2026, as the Fear and Greed Index hit 13, indicating extreme market fear. Historically, such low sentiment often precedes a rebound, but data from 12 previous similar phases since 2018 show that Bitcoin usually experiences further declines within 90 days, with a median drop of about 15%. Key support levels to watch are $62,800 and the year's low near $58,500, while resistance lies at $66,500 and the 200-week moving average around $67,900. The current market conditions, including ETF outflows and trading below the 200-week line, suggest a bear market scenario, making further pullbacks more likely before any sustained recovery.

Bitcoin trades at Rp1.179.425.600 on Pluang as of Nov 15, 2026, 04:31 WIB, down 5.33% in one day. Market cap stands at Rp23.990,58 trillion with a 24-hour volume of Rp649,55 trillion. Pluang users show 70% buy orders and hold Bitcoin for an average of 113 days, reflecting active engagement despite recent price drops.

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