Bitcoin Holds Near Day Low Between S1 and Daily Pivot

Market news Bearish bias Nov 14, 2026, 00:36 UTC

Marcus ReedTechnical Analysis Lead · ForexR analyst

Bitcoin is down 0.27% on the day near 68,153.94, sitting between S1 at 66,763.78 and the daily pivot at 69,114.8, with the daily trend still pointed lower.

What's being reported

Several themes are running through the crypto newsflow during the Asia session. Coinbase Institutional argued that Fed rate expectations, rather than the Binance hack, were behind Bitcoin's decline, as reported by Crypto Briefing. Separately, Tokenpost and CryptoPotato both reported that hackers are seeking to sell a large batch of TSMC employee records for Bitcoin following a confirmed data leak. Tokenpost also reported a sizeable ask-side surplus building in Binance's Bitcoin perpetual futures order book. Elsewhere, Crypto Economy covered a long stretch of soft Coinbase-based demand readings out of the US, while Coindesk covered mining economics in Paraguay and BeInCrypto reported on quantum-risk exposure across a portion of Bitcoin's supply. These are topics being reported in the newsflow, not demonstrated drivers of price.

What price is doing

Bitcoin last changed hands at 68,153.94, down 186.9 on the day, or 0.27%. The day's range runs from a low of 67,750.95 to a high of 68,397.75, a span of 646.8, which is about 26% of the 14-day ATR of 2,472.83 — a notably contained range relative to recent volatility. Price sits between S1 (66,763.78) and the daily pivot (69,114.8), below the previous close of 68,340.84. On the daily chart, price remains below the 20-day EMA at 75,927.5, the 50-day EMA at 78,105.47, and the 200-day EMA at 76,061.16, with the daily trend reading down and the 14-day RSI at 26.1. The four-hour and one-hour trends are also down, with price below their respective 20- and 50-period EMAs, giving a consistent bearish alignment across timeframes.

Levels now

The nearest resistance is the daily pivot at 69,114.8, 960.86 away, while the nearest support is the previous day low at 67,537.74, 616.2 away. Above the pivot sit R1 at 70,691.85, R2 at 73,042.87, and R3 at 74,619.92. Below current price, S1 is at 66,763.78, S2 at 65,186.73, and S3 at 62,835.71. The previous day's session ran from a high of 71,465.81 to a low of 67,537.74, a range of 3,928.07. Over the past five days, Bitcoin has ranged between 67,537.74 and 75,623.08, and over the past 20 days between 67,537.74 and 81,876.74 — both windows sharing the same low. Performance stands at -7.97% over five days and -15.24% over 20 days. Readers working out risk on either side of these levels can run the numbers through the risk and reward calculator or the position size calculator.

Scenarios

A break above R1 at 70,691.85 would open the way to R2 at 73,042.87; a move back below the daily pivot at 69,114.8 would invalidate that bullish path. On the downside, a break below S1 at 66,763.78 would open the way to S2 at 65,186.73, a scenario that would be invalidated by a move back above the daily pivot at 69,114.8. Those studying how these pivot levels are derived can review the pivot points guide or check live levels on the Bitcoin rate and pivots page.

Positioning and context

CFTC data as of the week to November 3 showed large speculators net long Bitcoin futures, though that net long position was trimmed from the prior week. News sentiment for Bitcoin shows coverage volume running at 120% of its 90-day average, with the opportunity read sitting at -82, a bearish reading from the data provider — this reflects media mood, not trader positioning or a forecast.

What's next

No scheduled calendar events are listed for Bitcoin at this time. The next session change is London, which opens at 07:00 UTC.

Bottom line

Bitcoin is trading lower on the day near 68,153.94, boxed between the previous day low at 67,537.74 and the daily pivot at 69,114.8, with daily, four-hour, and one-hour trends all pointed down. The newsflow around rate expectations and soft US demand signals is circulating, but the chart's own evidence — trend alignment, RSI, and a contained range against ATR — is what currently points to the bearish side.