Bitcoin's Bull Score Index has fallen to zero, indicating the most bearish market conditions based on 10 key indicators. This drop coincides with Bitcoin's price retreat toward $73,000 and reflects weakening investor confidence due to ETF withdrawals, inflation concerns, and Nasdaq weakness. Historically, such extreme readings have preceded both market recoveries and prolonged downturns, making it unclear if this marks a local bottom or the start of a deeper correction. Analyst sentiment has also worsened, with significant outflows from US Bitcoin ETFs continuing amid high futures liquidations.
Bitcoin's Bearish Sentiment is highlighted by its Bull Score Index dropping to zero. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Nov 12, 2026 04:22 WIB: out of 50 major cryptocurrencies, 31 rose and 18 fell. Notable movers include DOT (Polkadot) at Rp15.458 with a 1-day change of +2.53% and a typical hold time on Pluang of 123 days, CRV (Curve DAO Token) at Rp4.426 with a 1-day change of -2.23% and 100% buy order activity, and FTM (Fantom) at Rp11.382 with a 1-day change of -2.05%.
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