BloFin Research|11月 09, 2026 02:04
Bitcoin just closed below its 50-week SMA for the first time since September.
The weekly close was less than 1% below the line, so the broader trend is under pressure rather than decisively broken.
But BTC is now testing the lower end of a critical cluster of technical levels, with the 200-day average near $73K emerging as the next major support.
The post-election rebound proved short-lived. A tech-stock rout dragged BTC lower, while strong U.S. employment data reinforced expectations for further Fed tightening.
That makes macro the key driver again.
Today’s U.S. open, especially Nvidia’s performance, could set BTC’s near-term direction more than crypto-specific data.
Then attention turns to the next major macro catalyst: Tuesday’s October CPI.
#Bitcoin #BTC #Crypto #Macro #CPI
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink