Sign in
This is the archived brief for November 11, 2026: price and forecast as of that morning. Open today’s
Wednesday, November 11, 2026

Bitcoin today, November 11, 2026: daily brief and outlook

Morning brief · before the US open · Nov 11, 8:45 AM ET · price at release $73,770Two briefs a day: overnight at 12:30 AM ET and in the morning at 9:00 AM ET, half an hour before the US stock market opens

As of 8:45 AM ET, ahead of the opening bell, Bitcoin traded at $73,770, down 0.3% in 24 hours: after Tuesday's slide to $72,727 on hot inflation data it spent the whole day in a $73,500⁠–⁠74,200 band and sat out the stock rebound, even as Nasdaq-100 futures gained 1.9% on CoreWeave's earnings.

  • Base case for the next 24 hours: sideways at $72,800⁠–⁠75,000 (46%) — there is no US data today, the bond market is closed for Veterans Day, and Polymarket's median for tomorrow is $73,875.
  • The risk of a pullback toward $70,500 (30%) rests on a fourth straight day of ETF outflows and nearly 90% odds of a Fed hike on Dec 9.
Price when the brief was released
$73,770
Nov 11, 8:45 AM ET

Bitcoin price prediction for November 11, 2026

Three scenarios for the day with probabilities. Recorded in the morning and never edited: checked against the close in the Accuracy section.

base case
Sideways
$72,800–$75,000
46%
46%
30%
24%
Resistance
$74,500
$75,200
$76,700
Support
$73,200
$72,700
$72,000
Sideways · 46%
$72,800–$75,000

There is no US data today and the bond market is closed, so yields — the week's main driver — are switched off until Thursday. Polymarket's median for 12:00 PM ET on Nov 12 is $73,875 with an interquartile range of $72,625⁠–⁠75,216, tomorrow's expiry has max pain at $74,500, and DVOL at 39.95 implies a move of about ±$1,540. Funding has cooled to 3⁠–⁠8% annualized, liquidations all but stopped during the day, and the squeeze index is neutral (-2). The 200-day SMA at $73,191 and Tuesday's low of $72,727 hold below, while the 24-hour high of $74,844 and the 50-week MA at $75,205 cap the upside.

Pullback · 30%
$70,500–$72,800

Bitcoin failed to rally even with Nasdaq futures up 1.9% — weakness against a stock rebound. ETFs have bled for four days (IBIT for eight), MARA is selling and promises to sell more, stablecoin supply is draining, and puts struck at $69,000⁠–⁠74,000 are trading 1.5 times as actively as calls. A December Fed hike is nearly 90% priced, officials are talking about a 50 bp move, the dollar is rising, and retail is 74.7% long. A daily close below the 200-day SMA at $73,191 and a break of $72,727 would open the way to $70,500⁠–⁠72,000.

Breakout · 24%
$75,000–$77,000

If the AI stock rebound holds at the 9:30 AM ET US open, Bitcoin could catch up to the market with a lag: fear (29), RSI at 34, a market temperature of 27/100 and the two-week fractal (4 of 6 up, median +9.8%) mark typical technical-bounce territory, and $725 million of leverage has already been flushed. Reclaiming $75,000⁠–⁠75,200 (the 24-hour high and the 50-week MA) would open the way to the short-term holder cost basis at $75,877, Friday's max pain at $76,500 and the 200-day EMA at $76,738; without a reversal in ETF flows, above $77,000 within a day is unlikely.

What to watch today
  • Today, 9:30 AM ET: US stock market open — whether the AI rebound (CoreWeave, Nvidia) holds and pulls Bitcoin along
  • This afternoon and evening: US bond market closed, no data — Fed speakers may weigh in on a 50 bp December hike
  • Holding the 200-day SMA at $73,191 and Tuesday's low of $72,727; overhead — $74,844 and $75,205
  • Overnight into Thursday: Wednesday's spot Bitcoin ETF flows — a fifth day of outflows or a reversal
  • 7:00 PM ET Wednesday (00:00 UTC): daily candle close above or below $73,200
  • Thursday, 3:00 AM ET (08:00 UTC): Deribit expiry of 2,380 BTC, max pain $74,500; in the morning — US bond market reopens after the holiday
  • Friday, Nov 13: PPI at 8:30 AM ET, a 32,834 BTC expiry (max pain $76,500) and a difficulty adjustment of around -6.9%
This is not investment advice. The forecast is recorded at release and never edited: 24 hours later it is checked in the “Accuracy” section.

Daily brief

Nine topics, three key facts each. Every fact links to its primary source.

1Price and market

  • As of 8:45 AM ET, Bitcoin traded at $73,770: down 0.3% over 24 hours, 8.2% over 7 days and 9.7% over 30 days.Binance
  • Price spent the entire European session in a tight $73,535⁠–⁠74,180 band; the low since the start of the UTC day was $73,209, set overnight in Asian hours.Binance
  • The 24-hour range was $72,727⁠–⁠74,844: the bottom is Tuesday's post-CPI low, the lowest level since Aug 20.Binance
6 more facts
  • Bitcoin is sitting out the stock rebound: while Nasdaq-100 futures added 1.7⁠–⁠1.9% on CoreWeave's earnings, its price barely moved.CoinDesk
  • Binance BTC/USDT spot volume over 24 hours was 17,812 BTC (about $1.31 billion).Binance
  • Bitcoin's market cap was about $1.48 trillion and the whole crypto market $2.48 trillion (down 3.4% in a day); BTC dominance was 59.8%, ETH 10.1%.CoinGecko
  • Altcoins as of 8:45 AM ET: Ether at $2,053 (down 0.7% in 24 hours), Solana at $84.29 (flat), XRP at $1.057 (down 1.2%); Zcash lost 13⁠–⁠14% on the day, while Gram (formerly Toncoin) rose about 5%.CoinDesk
  • The Coinbase premium to Binance was -0.02% (about -$15): US buyers were neither pressuring the price nor supporting it ahead of the open.Coinbase
  • Bitcoin sat 41.5% below its record of $126,080 (Oct 6, 2025).CoinGecko

2Technical analysis

  • Daily RSI(14) is 34.3: close to oversold (the threshold is 30), but not there yet.Binance
  • MACD at -1,885 is below its signal line at -1,510, histogram -375: downside momentum persists but did not build during the day.Binance
  • Price is below the 20-day EMA ($77,421), 50-day EMA ($78,899) and 200-day EMA ($76,738), all three acting as resistance; the last EMA cross was a golden cross on Sep 17.Binance
7 more facts
  • The 200-day simple moving average is $73,191 and the Mayer Multiple is 1.01: price is holding just 0.8% above it, and Tuesday's dip to $72,727 was bought.Binance
  • The 50-week moving average is $75,205, with price 1.9% below it: together with the 24-hour high of $74,844, it is the nearest serious ceiling.Binance
  • Levels: support at $73,200 (200-day SMA), $72,700 (Tuesday's low) and $72,000; resistance at $74,500 (max pain for tomorrow's expiry), $75,200 (50-week MA) and $76,700 (200-day EMA).Binance
  • Matt Mena of 21Shares said on Nov 10 that a sustained move below $73,000 would open the way to $69,000 (the 2021 peak), while a bounce would target $78,000.The Block
  • The 200-week moving average is $67,868, with price 8.7% above it; the Pi Cycle ratio is 0.50, far from overheated.CoinLab
  • Fractals: the latest two-week stretch (-9.1%) resembles six past episodes, four of which were followed by gains (median +9.8%); the 50-day pattern also went up 4 times out of 6, but with a median of just +1.6%. Statistics, not a promise.CoinLab
  • Polymarket puts the median price for 12:00 PM ET on Nov 12 at $73,875 (interquartile $72,625⁠–⁠75,216) and gives a 50% chance that price ends above its level at publication; our sideways base case of $72,800⁠–⁠75,000 nearly matches that band.Polymarket

3Derivatives

  • Crypto liquidations over 24 hours totaled $725 million (up 288% from the prior day); Bitcoin accounted for $200.5 million, 85% of it longs, and Ether for even more at $253 million.CoinDesk
  • Crypto futures volume rose 24% in a day to $204.8 billion, while market-wide open interest slipped 1% to $127.2 billion: leverage is being cut, but without panic.CoinDesk
  • Binance's liquidation feed shows about $44.7 million in BTC longs and $9.9 million in shorts wiped out on Nov 10, versus just $1.8 million and $2.2 million so far on Nov 11 (a lower-bound estimate): the flush is over.CoinLab
6 more facts
  • Open interest in Binance BTC futures is 100,503 BTC (about $7.42 billion): flat on the day and down 3.7% on the week.Binance
  • Funding cooled through the day: Binance 0.0063% per 8 hours, Bybit 0.0072%, OKX 0.0035%, Hyperliquid 0.0026% (3⁠–⁠8% annualized); in the morning all four venues were near 0.01%.Binance
  • Binance account long/short ratio is 2.96 (74.7% long); top traders are at 2.23: retail remains crowded on the long side.Binance
  • The taker buy/sell ratio on Binance futures is 0.93: aggressive sellers outnumber buyers.Binance
  • The annualized premium on December Bitcoin futures is 5⁠–⁠7%: moderate demand for leverage, no overheating.CoinDesk
  • The CoinLab squeeze index is -2 (-7 this morning, -31 a day ago): no tilt toward either a long flush or a short squeeze.CoinLab

4Options

  • Tomorrow, Nov 12, at 3:00 AM ET (08:00 UTC), 2,380 BTC of options expire on Deribit with max pain at $74,500 and a put/call ratio of 1.11.Deribit
  • Friday, Nov 13: a 32,834 BTC expiry with max pain at $76,500 and put/call of 0.55; the largest positions sit in far out-of-the-money calls at $81,000 (8,306 BTC) and $84,000 (5,231 BTC), which expire worthless without a sharp rally.CoinDesk
  • The Nov 27 monthly expiry holds 79,644 BTC with max pain at $79,000; the Dec 25 expiry holds 141,930 BTC with max pain at $75,000.Deribit
4 more facts
  • The DVOL volatility index is 39.95 (39.7 a week ago), implying a daily move of about ±2.1%, or ±$1,540.Deribit
  • Total options put/call ratio is 0.75, with open interest of 346,334 BTC ($25.6 billion).Deribit
  • Across the Nov 12⁠–⁠27 expiries, put volume is running 1.5 times call volume; eight of the ten most-traded contracts are puts struck at $69,000⁠–⁠74,000, led by the Nov 27 $69,000 put.CoinDesk
  • At-the-money implied volatility is about 38% for Nov 13 and 36% for Nov 27; 25-delta puts cost 4⁠–⁠5 vol points more than calls — demand for downside protection is holding firm.CoinDesk

5ETFs and institutions

  • Spot Bitcoin ETFs lost $95 million on Nov 10, a fourth straight day of outflows: IBIT -$78.2 million (its eighth consecutive session of redemptions), FBTC -$36.8 million, with only MSBT taking in money (+$20.0 million).CoinDesk
  • Cumulative net inflows into spot Bitcoin ETFs stand at $55.42 billion and assets at $92.82 billion (1.26 million BTC, about 6.3% of Bitcoin's market cap); Nov 10 trading volume was $2.06 billion.CoinLab
  • Ether ETFs lost just $1.3 million on Nov 10; fund assets are $11.64 billion. Nov 11 data will arrive overnight.CoinLab
6 more facts
  • Miner MARA sold 13,597 BTC at an average $81,039 (about $1.1 billion) in the six weeks after the end of September, repaid $750 million in Bitcoin-backed loans and plans to keep selling to fund AI data centers.CoinDesk
  • Strategy holds 850,363 BTC at an average $75,456: the price at publication was 2.2% below its cost basis.The Block
  • 181 public companies hold 1.30 million BTC (6.2% of supply), worth about $96 billion; after Strategy the largest are Metaplanet (44,000 BTC), Twenty One (43,514) and Strive (43,153).CoinGecko
  • Bitmine reported a net loss of more than $6.3 billion for the fiscal year ended Aug 31: nearly all of it is a paper markdown on 5.9 million ETH after Ether fell 44%.The Block
  • Deutsche Bank went live with digital asset custody for corporate and institutional clients in Europe, covering Bitcoin, Ether, USDC, EURC and EURAU.The Block
  • Shares of miners that pivoted to AI capacity are rising premarket alongside CoreWeave: IREN up 6⁠–⁠8%, Cipher up 7%, Galaxy Digital up 5%.CoinDesk

6Sentiment and on-chain

  • The Fear & Greed Index is 29 (Fear), versus 32 yesterday, 34 a week ago and 69 a month ago.alternative.me
  • The CoinLab market temperature reads 27 out of 100 (28 yesterday): across eight cycle metrics the market is in the cold zone.CoinLab
  • MVRV is 1.42 (as of Nov 2), the 33rd historical percentile: the average holder is about 42% in profit.Coinmetrics
5 more facts
  • The short-term holder cost basis is about $75,877 (as of Nov 4): price is 2.8% below it, so recent buyers are underwater and selling into bounces.Bgeometrics
  • Stablecoin supply is $292.9 billion, down 1.6% in a week and 4.9% ($15.0 billion) in 30 days — money keeps leaving crypto.Defillama
  • Polymarket's November odds: 79.5% for a drop to $72,500, 52.5% for $70,000 and 28.5% for $67,500; 56% for a touch of $77,500 and 34.5% for $80,000.Polymarket
  • CoinMarketCap's Altcoin Season Index is 40 out of 100, versus 49 last Thursday (the 'season' threshold is 75): money is leaving altcoins faster than Bitcoin.CoinDesk
  • Zcash saw the largest altcoin liquidations of the day at $40.3 million: its open interest fell 10.5%, and money is also leaving Grayscale's Zcash fund.CoinDesk

7Mining

  • Hashrate is about 960 EH/s; difficulty is 148.4 T.mempool.space
  • The next difficulty adjustment is due around Nov 13 (306 blocks left, 85% through the epoch), estimated at -6.9% as miners unplug machines after the price drop; the last one was +5.5%.mempool.space
  • Fees are low: 3 sat/vB for fast confirmation and 1 sat/vB within an hour; block height is 975,438, with 74,562 blocks to the halving (expected around April 2028).mempool.space
2 more facts
  • Bitcoin Core developers disclosed three already-patched vulnerabilities on Nov 10; the most severe kept miners from building valid block templates until the node was restarted. All are fixed in versions 30.0 and 29.2.The Block
  • MARA's Q3 revenue fell 35% to $164 million; the company has sold more than 40,000 BTC since the start of 2026.CoinDesk

8Macro

  • No US data came out at 8:30 AM ET today: it is Veterans Day, the bond market is closed, and stocks trade as usual from 9:30 AM ET. The next release is the PPI on Friday, Nov 13, at 8:30 AM ET.Investinglive
  • Markets are still digesting October CPI, released Nov 10: +0.4% month over month vs. +0.3% expected, with core at +0.3% vs. +0.2% — a third straight month at that pace.CoinDesk
  • Futures were higher ahead of the open: as of 7:35 AM ET the Nasdaq-100 was up 1.9%, the S&P 500 up 0.9% and the Dow up 0.1%; on Tuesday the S&P 500 closed at 7,520.93 (down 0.38%) and the Nasdaq at 25,065.87 (down 0.74%).CNBC
10 more facts
  • CoreWeave is driving the rebound: Q3 revenue rose 168% year over year, full-year guidance was raised to $13.0⁠–⁠13.3 billion, and the stock is up 13⁠–⁠16% premarket; Nvidia is recovering 4⁠–⁠5% after falling nearly 10% in two days.CoinDesk
  • The 2-year Treasury yield closed Nov 10 at 4.73% (up 17 bp on the day) and the 10-year at 4.98% (up 10 bp); with no trading today, the bond market's next move is on hold until Thursday.Treasury
  • The Fed funds rate is 3.75⁠–⁠4.00% and the next meeting is Dec 8⁠–⁠9: CME FedWatch shows about 90% odds of a 25 bp hike, with 13⁠–⁠14% priced for a 50 bp move.CNBC
  • Polymarket for December: 85.5% for +25 bp, 11.4% for +50 bp or more, 3.7% for no change; January is a coin flip — 50.5% for another hike, 48.5% for a pause.Polymarket
  • Fed officials sound hawkish after CPI: Waller is open to a 50 bp move if core comes in at 0.3% or higher again, Logan sees a need for at least two 25 bp hikes, and Goolsbee called inflation 'borderline alarming.'.Investinglive
  • Rick Rieder of BlackRock calls a December hike the base case, with only the size in question; UBS expects 25 bp each in December and March and sees little support for a 50 bp move.CNBC
  • Europe and Asia are in the green: the Stoxx 600 is up 0.3%, Germany's DAX is near record levels and Infineon is up 6.3%; the Kospi closed at 5,375 (up 2.6%) and the Nikkei at 61,249 (up 1.3%), while the Hang Seng was down 0.7%.CNBC
  • The dollar is firming: the DXY index is 102.6 (up 0.4% on the day), the euro is at $1.114, and USD/JPY is above 159, its highest in more than two months, with traders wary of Japanese intervention near 160.Investinglive
  • WTI crude is near $87.2 (up 1.3⁠–⁠1.5% on the day) and gold at $4,044⁠–⁠4,051 an ounce (up 0.3⁠–⁠0.5%); the VIX closed Tuesday at 18.45.Investinglive
  • Anthropic is preparing its IPO: per the Financial Times, bankers are discussing a valuation of $1.5 trillion or more, and Google, Nvidia and Microsoft could invest $26 billion in a private placement at the IPO price — keeping interest in AI stocks alive.CoinDesk

9Regulation and events

  • US-Iran talks are deadlocked: Qatar said it secured at least two weeks for diplomacy, but 'significant differences remain'; oil is recovering the drop it took on hopes of a quick deal.Investinglive
  • OKXICE, the joint venue of OKX and Intercontinental Exchange, will launch tokenized securities trading on Nov 23 under the SEC's 'innovation exemption': 70 stocks and 59 ETFs are confirmed, while 67 companies, including Tesla, Meta and Netflix, opted out.The Block
  • Deutsche Bank's asset management arm (€1.22 trillion) signed a memorandum with the bank covering tokenized money market funds, crypto ETCs and stablecoins.The Block
3 more facts
  • Democrats won majorities in both chambers of Congress in the Nov 3 elections: oversight of SEC and CFTC crypto policy could tighten from January.Bloomingbit
  • From Nov 12 the European Banking Authority (EBA) takes over supervision of the USDC issuer's reserves and liquidity.CoinDesk
  • Calendar: Nov 13 — PPI at 8:30 AM ET, a 32,834 BTC expiry and the difficulty adjustment; Nov 18 — Fed minutes; Nov 25 — PCE; Dec 8⁠–⁠9 — Fed meeting.CoinDesk

Forecast accuracy

Every day the scenarios are recorded at release; 24 hours later we check which range the price landed in. Misses are not hidden.

Days with a forecast
49
Base case came true
80%
the daily close landed inside the most likely scenario’s range
At least one scenario right
96%
the close landed inside one of the three ranges
DayMorning priceCloseBase caseCame trueHit
November 10, 2026 · overnight$74,806$73,736 (-1.4%) Sideways, 45%Sidewaysyes
November 10, 2026 · morning, pre-market$73,980$73,888 (-0.7%) Sideways, 42%Sidewaysyes
November 9, 2026 · overnight$74,578$74,786 (+0.0%) Sideways, 50%Sidewaysyes
November 9, 2026 · morning, pre-market$74,772$74,396 (-0.7%) Sideways, 50%Sidewaysyes
November 8, 2026 · overnight$75,878$74,818 (-1.4%) Sideways, 55%Sidewaysyes
November 8, 2026 · morning$76,064$74,920 (-1.4%) Sideways, 55%Sidewaysyes
November 7, 2026 · overnight$76,023$75,866 (-0.1%) Sideways, 55%Sidewaysyes
November 7, 2026 · morning$75,902$75,980 (+0.1%) Sideways, 55%Sidewaysyes
November 6, 2026 · overnight$75,491$75,907 (+0.2%) Sideways, 45%Sidewaysyes
November 6, 2026 · morning, pre-market$75,650$75,900 (-0.2%) Sideways, 45%Sidewaysyes
November 5, 2026 · overnight$80,490$75,765 (-5.9%) Sideways, 48%Pullbackno
November 5, 2026 · morning, pre-market$79,673$76,040 (-4.5%) Sideways, 50%Pullbackno
November 4, 2026 · overnight$77,409$80,520 (+4.0%) Sideways, 45%Breakoutno
November 4, 2026 · morning, pre-market$78,447$79,662 (+1.7%) Sideways, 47%Breakoutno
November 3, 2026 · overnight$76,719$77,390 (+0.6%) Sideways, 45%Sidewaysyes
November 3, 2026 · morning, pre-market$77,676$78,298 (+1.1%) Sideways, 45%Sidewaysyes
November 2, 2026 · overnight$78,370$76,944 (-1.9%) Sideways, 52%Pullbackno
November 2, 2026 · morning, pre-market$78,200$77,428 (-0.5%) Sideways, 50%Sidewaysyes
November 1, 2026 · morning$77,980$77,808 (-0.1%) Sideways, 50%Sidewaysyes
October 30, 2026 · overnight$78,686$77,193 (-1.4%) Sideways, 45%Sidewaysyes
October 30, 2026 · morning, pre-market$77,334$77,619 (+0.3%) Sideways, 50%Sidewaysyes
October 29, 2026 · overnight$80,389$78,280 (-2.5%) Sideways, 48%Pullbackno
October 29, 2026 · morning, pre-market$80,118$77,382 (-3.5%) Sideways, 47%Pullbackno
October 28, 2026 · overnight$80,947$80,256 (-0.9%) Sideways, 50%Sidewaysyes
October 28, 2026 · morning, pre-market$80,831$80,170 (-1.4%) Sideways, 52%Sidewaysyes
October 27, 2026 · overnight$79,789$80,994 (+1.6%) Sideways, 55%Sidewaysyes
October 26, 2026 · overnight$80,172$79,759 (-0.5%) Sideways, 50%Sidewaysyes
October 26, 2026 · morning, pre-market$80,516$79,910 (-0.6%) Sideways, 50%Sidewaysyes
October 25, 2026 · overnight$80,824$80,134 (-1.0%) Sideways, 55%Sidewaysyes
October 25, 2026 · morning$80,350$80,416 (-0.2%) Sideways, 50%Sidewaysyes

Brief archive

November 11, 2026 · morning, pre-marketNovember 11, 2026 · overnightNovember 10, 2026 · morning, pre-marketNovember 10, 2026 · overnightNovember 9, 2026 · morning, pre-marketNovember 9, 2026 · overnightNovember 8, 2026 · morningNovember 8, 2026 · overnightNovember 7, 2026 · morningNovember 7, 2026 · overnightNovember 6, 2026 · morning, pre-marketNovember 6, 2026 · overnightNovember 5, 2026 · morning, pre-marketNovember 5, 2026 · overnightNovember 4, 2026 · morning, pre-marketNovember 4, 2026 · overnightNovember 3, 2026 · morning, pre-marketNovember 3, 2026 · overnightNovember 2, 2026 · morning, pre-marketNovember 2, 2026 · overnightNovember 1, 2026 · morningOctober 30, 2026 · morning, pre-marketOctober 30, 2026 · overnightOctober 29, 2026 · morning, pre-marketOctober 29, 2026 · overnightOctober 28, 2026 · morning, pre-marketOctober 28, 2026 · overnightOctober 27, 2026 · overnightOctober 26, 2026 · morning, pre-marketOctober 26, 2026 · overnightOctober 25, 2026 · morningOctober 25, 2026 · overnightOctober 24, 2026 · morningOctober 23, 2026 · overnightOctober 22, 2026 · overnightOctober 21, 2026 · overnightOctober 20, 2026 · overnightOctober 19, 2026 · overnightOctober 18, 2026 · overnightOctober 17, 2026 · overnightOctober 16, 2026 · overnightOctober 15, 2026 · overnightOctober 14, 2026 · overnightOctober 13, 2026 · overnightOctober 12, 2026 · overnightOctober 11, 2026 · overnightOctober 10, 2026 · overnightOctober 9, 2026 · overnightOctober 8, 2026 · overnightOctober 7, 2026 · overnightOctober 6, 2026 · overnight