Bitcoin Slides Below $67,500 as All Timeframes Turn Bearish

Daily outlook Bearish bias Nov 14, 2026, 06:34 UTC

Marcus ReedTechnical Analysis Lead · ForexR analyst

Bitcoin has slipped to $67,310.97, down 1.51% on the day, with daily, H4 and H1 trend all pointing lower and price now sitting between S1 at $66,763.78 and the daily pivot at $69,114.80.

Where Bitcoin Stands Now

Bitcoin (BTC/USD) is changing hands at $67,310.97, down $1,029.87, or 1.51%, on the day. The day's range has stretched from a low of $66,381.68 to a high of $68,397.75, a spread of $2,016.07 that covers 82% of the 14-day ATR of $2,472.83 — a wide move already, even with the Asia session still underway and London not opening until 07:00 UTC.

Price is currently positioned between S1 at $66,763.78 and the daily pivot at $69,114.80. The nearest resistance overhead is the previous day low at $67,537.74, just $226.77 away, while the nearest support below is S1 at $66,763.78, $547.19 away. For a closer look at the live chart, see the Bitcoin (BTC/USD) rate and chart page.

Trend and Momentum Across Timeframes

All three timeframes agree on direction. The daily trend is down, with price below the 200-period EMA at $76,061.16 and also under the 20-day EMA at $75,927.50 and the 50-day EMA at $78,105.47. The H4 trend is down as well, with the 20-period EMA at $70,550.94 sitting above the 50-period EMA at $73,076.27. The H1 trend matches, with the 20-period EMA at $68,234.60 below the 50-period EMA at $69,746.12.

The daily RSI(14) reads 26.1, in oversold territory. With trend aligned lower across daily, H4 and H1 and momentum stretched to the downside, the near-term technical picture leans bearish rather than mixed. Over the past 5 days price is off 9.11%, and over the past 20 days it is down 16.29%.

Key Levels to Watch

The daily pivot sits at $69,114.80. Resistance levels above run from R1 at $70,691.85, to R2 at $73,042.87, to R3 at $74,619.92. Support levels below run from S1 at $66,763.78, to S2 at $65,186.73, to S3 at $62,835.71. A full breakdown of how these are derived is available in the guide to pivot points.

The previous day's high was $71,465.81 and its low was $67,537.74. Looking further out, the 5-day range runs from a low of $67,537.74 to a high of $75,623.08, while the 20-day range spans from the same $67,537.74 low to a high of $81,876.74 — both windows anchored at the same floor. On the round-number front, $67,000 sits just below current price and $68,000 just above, both within range of today's swings.

Bullish and Bearish Scenarios

On the upside, a break above R1 at $70,691.85 would open the way toward R2 at $73,042.87, a path that would be invalidated by a move back below the daily pivot at $69,114.80.

On the downside, a slide through S1 at $66,763.78 would open the way toward S2 at $65,186.73; that bearish path would be invalidated by a recovery back above the daily pivot at $69,114.80. Traders weighing either path can size it with the risk and reward calculator.

What Could Move Bitcoin Today

There are no scheduled calendar releases on the slate today. Newsflow has centered on broad weakness across major crypto assets, a theme reported by both Tokenpost and CryptoPotato, alongside coverage from Crypto Briefing pointing to a soft run of spot ETF flow data.

Weekly CFTC Commitments of Traders data, as of the week to November 3, 2026, shows large speculators net long Bitcoin (BTC/USD) in futures, though the latest weekly shift saw speculators reduce that net long position. Separately, news coverage volume is running at 125% of its 90-day average, and the opportunity read from that coverage comes in at -82, a bearish reading; this reflects the tone of reporting, not trader positioning or a forecast.

Bottom Line

Bitcoin is trading lower on the day with trend aligned bearish across daily, H4 and H1 and RSI deep in oversold territory at 26.1. Price sits between S1 at $66,763.78 and the daily pivot at $69,114.80, with the previous day low at $67,537.74 the nearest level overhead. A break of S1 would turn attention to S2 at $65,186.73, while reclaiming the daily pivot at $69,114.80 would be needed before the bullish path toward R1 and R2 comes back into view.