Bitcoin BTC · Price Forecast & Analysis
Heads-up: USD Core PPI m/m, PPI m/m came in worse than expected for USD (9 h ago), supports BTC.
Bitcoin's outlook is bearish: an unusually large fall has broken the $70,000 mark and the 200-day moving average, with ETF outflows and cascading long liquidations adding pressure. Both the chart picture and the news flow point down.
News situation · 300 items / 30 D
21 of 300 straight from the issuer or regulator
Technicals · trend now
The 3 most recent active signals are bullish (since 13.11.). The signal situation shown, the trend across all timeframes, is still bearish and may be turning.
8 of 8 timeframes down
8 active signals (5 long / 3 short), strongest: 4H at 100 %
BTC chart by timeframe
Trendlines, support and resistance and patterns come from the newest signal of the selected timeframe.
Outlook for Bitcoin
Direction, typical moves and upcoming dates from our own price, news and calendar data, recalculated on every visit. An assessment, not investment advice.
No price statement: our price history does not reach that far. Based on 300 news items.
What drives it
- A fall below $70,000 to the lowest since August, compounded by $1.64 billion of liquidations, mostly longs.
- Continuing spot ETF outflows — around $2 billion from BlackRock's fund alone since late October.
- A December Fed rate hike is priced near certain, and the dollar index above 103 adds pressure.
- Trend is bearish across all timeframes, with the daily trend now turning down as well.
What argues against it
- Daily momentum readings are oversold and the 200-week moving average, a historic bottom marker, is being tested.
- Bullish bounce signals cluster on the 30-minute chart after oversold conditions.
- Weaker-than-expected PPI data was supportive, with a small rebound measured since release.
- Liquidation flushes can exhaust selling and mark short-term bottoms.
What would change the picture
- A break above resistance at 74811.45 would weaken the bearish case; rejection keeps it intact.
- A rise above $75,000, past the local high, would invalidate the bearish setup.
- US retail sales and other data in the coming days could shift Fed expectations either way.
Coming up
- US: Retail sales · expected 0.7%, previous 0.9%
- US: EIA Crude Oil Stocks Change · expected -0.309M, previous 4.657M
- US: Philadelphia Fed Manufacturing Index, Jobless claims · expected 32.2, previous 20.9
Economic data for BTC
Full calendarRecently released
- TodayUSDCore PPI m/m●●●Actual 0.3%Forecast 0.4%Previous 0.8%
- TodayUSDPPI m/m●●●Actual 0.3%Forecast 0.4%Previous 1.4%
- November 12, 2026USDEIA Crude Oil Stocks Change●●●Actual 4.657MForecast -2.489MPrevious -0.865M
- November 12, 2026USDInitial Jobless Claims●●●
Coming up
- November 17, 2026USDCore Retail Sales m/m●●●Forecast 0.7%Previous 0.9%in 3 days
- November 17, 2026USDRetail Sales m/m●●●Forecast 0.3%Previous 0.8%in 3 days
- November 18, 2026USDEIA Crude Oil Stocks Change●●●Forecast -0.309MPrevious 4.657Min 4 days
- November 19, 2026USDPhiladelphia Fed Manufacturing Index●●●Forecast 32.2Previous 20.9in 5 days
- November 19, 2026USDInitial Jobless Claims●●●in 5 days
- November 20, 2026USDMichigan Consumer Sentiment●●●Forecast 51.0Previous 51.0in 6 days
All times UTC. Assessed against the consensus forecast, otherwise against the previous value. Price reaction measured on BTCUSDT.
Trend across all eight timeframes
The downtrend is consistent from the hourly to the daily chart, with several moving-average breakdowns and bearish divergences confirming it. Bounce attempts appear only on the shortest charts and look corrective. The daily trend is just turning, so the downtrend is not yet fully established.
What this means for your trading style
The text for this card no longer matches its rating, so it is hidden.
- Very strong bearish on the 1h and 2h charts; breakdowns and bearish divergences point lower over the coming days.
- Very strong bearish on the 4h and 8h charts; resistance near 74811.45 is the key ceiling for any rebound.
- Bearish for the coming weeks: the daily trend has turned down after the 200-day moving average was lost, though not yet fully confirmed.
Both worlds over time
One dot per day and source, 30 days. Technicals: trend across all timeframes at the close of the day. News: net direction of the day.
The 3 most recent active signals are bullish (since 13.11.).
8 active signals for BTC
Last 72 hours
What is being reported about BTC
In-depth analysis of Bitcoin
AI-generated · as of November 13, 2026
Bitcoin has dropped hard and fast: the fall over the past day, week and month is far larger than normal for the largest cryptocurrency, and little in the news flow contradicts the direction. The price lost $70,000 early on Friday, its lowest since August, and then slipped under the 200-day moving average after four days of failed defences.
Selling fed itself through liquidations: over $1.6 billion of futures positions were wiped out within a day, almost nine in ten of them longs. Demand is draining too — spot ETF outflows have run for a fifth straight session, roughly $2 billion from BlackRock's fund alone since late October, and stablecoin supply has shrunk. The macro backdrop adds weight: markets now price a December Fed rate hike as near certain, and a dollar index above 103 keeps pressure on the asset. The charts agree. Trend readings are bearish from the 15-minute to the daily chart, with the daily only just turning, and several momentum measures confirm continuation rather than exhaustion. That said, the move is stretched: daily momentum gauges are oversold, price is testing the 200-week moving average, which marked bottoms in past cycles, and the big liquidation flushes can exhaust sellers. A softer-than-expected US producer price report just lifted BTC slightly. The technical tension sits on the shortest charts, where bounce signals have fired against the dominant trend. Watch 74811.45: rejection keeps the downtrend intact, a sustained break above would challenge it. Upcoming US retail sales and other releases could move Fed expectations either way.
Frequently asked questions about Bitcoin
Why did Bitcoin fall so sharply this week?
The drop below $70,000 was the lowest since August and broke the 200-day moving average. It was driven by near-certain market pricing of a December Fed rate hike, a firm dollar above 103, and $1.64 billion of liquidations in a day, nearly nine in ten of them longs. Persistent ETF outflows and shrinking stablecoin supply added to the pressure.
What would signal the downtrend is ending?
A sustained break above resistance at 74811.45 would weaken the bearish case, and a rise above $75,000 would invalidate it outright. Signs of a floor include the oversold daily momentum readings, the 200-week moving average being tested — a level that marked bottoms in past cycles — and easing ETF outflows. A softer dollar on weak US data would also help.
Which upcoming dates could move the price?
US retail sales figures due shortly are the main scheduled test, alongside jobless claims and the Philadelphia Fed manufacturing index in the coming days. Stronger-than-expected numbers would support the dollar and add pressure on BTC; weaker ones could ease it. The Fed's December meeting, where a hike is priced near certain, is the bigger decision behind the selloff.
📝 Overview Generated automatically
BTC has been the subject of 3146 signals across 3146 articles in the last 365 days. Sentiment skews Bullish (39%).
Breakdown: 1239 bullish, 1161 bearish, 746 neutral.
Most-cited catalysts: Risk-off sentiment (4×), Institutional adoption narrative reinforced (2×), ETF outflows (2×). Most-cited risk factors: Regulatory crackdowns on crypto (5×), Broader crypto market volatility (5×), Regulatory crackdown on crypto (5×).
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