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Bitcoin risks deeper drop to $60k as selling pressure builds near $75k amid falling liquidity.

Market News
12 Nov 2026, 12:00 WIB
AMBCrypto
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Bearish
Bitcoin risks deeper drop to $60k as selling pressure builds near $75k amid falling liquidity.

Bitcoin faces increasing risk of a drop toward $60,000 after recent CPI data triggered a sell-off pushing BTC below $75,000. The $75,000 level is a key resistance point where many short-term holders may sell to break even, while the $60,000 mark represents a major liquidity cluster of long-term holders vulnerable to liquidation. Declining stablecoin supply and a 72% drop in Bitcoin's trading volume indicate less money flowing into the market, increasing downside risk. If selling pressure overwhelms buying around $75,000, a deeper correction toward $60,000 could offer a buying opportunity for patient investors.

Bitcoin's recent trading activity is shown here with Pluang's market data for major cryptocurrencies. For readers following crypto markets, breadth was 13 gainers and 35 losers among 50 priced assets. Notable movers include GRT at Rp310 with 92% sell orders, LINK at Rp183,064 with 63% buy orders, and XTZ at Rp4,287 with 99% sell orders, as of Nov 12, 2026 16:31 WIB.

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