Bitcoin price slips near $73K: Can buyers reclaim $77,500?

Bitcoin has fallen from near $80,000 into the $73,000–$74,000 range over the past week through Nov. 11, leaving traders weighing a possible rebound toward $77,500 against an analyst’s warning of a deeper decline to $65,000. Bitcoin’s weekly heatmap shows heavy overhead liquidation concentrations between roughly $76,000 and $77,500. Tranquility Crypto sees a possible $65,000 move after a descending-channel breakdown. U.S. spot Bitcoin ETFs lost $1.28 billion during the Nov. 2–6 trading week. October consumer prices rose 0.4%, while core inflation held at 0.3%. CoinGlass’s one-week liquidation heatmap shows Bitcoin spending much of the period below its earlier trading range, with successive rebounds failing to recover the ground lost during the initial sell-off. By the right-hand edge of the Nov. 11 snapshot, BTC was trading near $73,500.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to crypto.news.