Bitcoin Price on November 15 prediction

Bitcoin last traded at 71,478.01 USDT on Binance at 22:01 UTC on Nov. 12, already below the $72,000 line this market needs it to clear. The forecast leans toward it finishing at or under that level at Sunday noon ET on Nov. 15, and the tape explains why. The coin touched about $71,237.62 on Thursday, its lowest since Aug. 20, after sliding from above $76,000 earlier in the week. Reports indicate it also fell below its 200-day moving average, put at $73,137 in one account and $73.2K in another. That is a level traders watch closely, and it is now overhead. The pressure is stacking up. Hotter-than-expected US inflation has lifted expectations of a Fed rate hike in December, spot bitcoin funds have seen outflows for a fifth day, and a slump in Nvidia shares hit risk appetite. Derivatives liquidations topped $650 million over 24 hours, with long positions taking most of the damage. MSCI also confirmed it will drop Strategy from its benchmarks, effective after the close on Nov. 30. There is a counterargument. One Binance chart read describes oversold intraday momentum that leaves room for a rebound, though it does not confirm a reversal. A bounce of under $600 is all the Yes side needs. Watch whether bitcoin can reclaim the 200-day average near $73,000. A move back above it would change the picture most.