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Bitcoin sentiment hits all-time low as demand, liquidity, and US buying weaken sharply

Technical Signals
11 Nov 2026, 21:44 WIB
Crypto Briefing
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Bearish
Bitcoin sentiment hits all-time low as demand, liquidity, and US buying weaken sharply

Bitcoin's Bull Score Index dropped to zero on November 11, 2026, marking its most bearish reading ever. This rapid decline from 90 in mid-October reflects weakening demand, a $6.6 billion drop in USDT stablecoin liquidity, and sustained negative US buying interest. Bitcoin's price is about 15% below its recent peak and trading below its 365-day moving average. Key indicators to watch for market recovery include demand stabilization, a positive shift in the Coinbase Premium, and a Bull Score rebound above 40.

Bitcoin's Bull Score is the story's subject, providing context for readers. For those following major cryptocurrencies on Pluang, 34 out of 50 rose and 14 fell as of Nov 12, 2026 02:02 WIB. Notable movers include SXP down 46.27% at Rp37, ONE down 15.76% at Rp27 with 41% sell order activity, and BAL up 11.14% at Rp16.297.

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