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November 11, 2026

Bitcoin remains in a confirmed downtrend, pinned below…

Bitcoin remains in a confirmed downtrend, pinned below both key averages near a lightly tested floor
BTC $73,807.9, -1.92% on the day. Regime: bear.
OddTick Tuesday, November 10

Bitcoin remains in a confirmed downtrend, pinned below both key averages near a lightly tested floor

$73,807.9 -1.92% bear

Bitcoin trades at $73,807.90, sitting well under both its 20-day average of $77,697.03 and its 50-day average of $79,019.50 — the gap that defines today's bear regime. The coin is down roughly 1.9% on the day and about 4.6% over the past week, extending a slide that's taken it over 11% lower across the past month and more than 30% over the past year. It remains over 41% below its October all-time high. Fear & Greed reads 32, still in 'Fear' territory though up from 26 a week ago, suggesting sentiment has stopped deteriorating even as price keeps drifting down.

Funding on both BTC and ETH is flat to barely positive, showing no real leverage skew in either direction right now. Open interest on BTC sits near 2,651 (in contract terms), a middling reading that doesn't point to aggressive new positioning. The rotation reading of -4.35 shows altcoins underperforming Bitcoin on a relative basis today. Order flow is a different story depending on the minute you look: as of this writing, aggressive buyers made up only about 40% of flow in the last half hour, and whale wallets logged one buy near $15,000 against seven sells totaling roughly $249,000 — a snapshot, not a trend, and one that can flip within the hour.

The resistance band above price has been tested roughly 68 times and has held every time, making it a well-worn ceiling. The support floor below has only been tested about 7 times, a much thinner track record that leaves it less proven. Price currently sits closer to that lightly-tested floor than to the heavily-defended ceiling. The 24-hour range is noticeably narrower than the 7-day range, suggesting the band has tightened somewhat over the last day even as the broader weekly range stays wide.

BTC Snapshot
24-hour -1.92%
7-day -4.56%
20-day average $77,697.03
50-day average $79,019.5
Key Levels
Resistance
tested 68×
$75,694.57
Last price $73,807.9
Support
tested 7×
$73,467.9
Sentiment
Fear & Greed
26 a week ago
32 · Fear
24h range $72,584.6 – $75,323.5
What to take from it
• Bitcoin stays in a bear regime, trading below its 20-day and 50-day averages with a multi-week downtrend intact.
• Funding is flat and open interest is unremarkable; alt rotation is negative, meaning altcoins are lagging Bitcoin today.
• Whale flow and buyer share are 30-minute snapshots showing recent selling pressure — not a reliable read on the day's overall character.
Headlines
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OddTick reports what the market is doing, measured by an automated system, for informational purposes only. It does not make trade recommendations, does not predict prices, and makes no claim that acting on this information is profitable. Nothing here is financial advice. Crypto assets are volatile — never trade money you can't afford to lose.

OddTick · Patrick Register · PO Box 472 · Christiansburg, VA 24068

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