Bitcoin returns to 200-week trend line as analyst sees risk of $57.7K next

• Bitcoin price action interacted with its 200-week simple moving average for the first time since mid-August as it fell below $68,000.
• At the start of the week, we outlined the most significant macro events that were expected to rattle the markets.
• While some did, we couldn’t have envisioned the dramatic Nvidia CEO saga, which unraveled quickly and led to some major fluctuations across all financial fields.

BTCBTC$65,948−4.26%ADAADA$0.1553−9.21%ETHETH$1,839−5.06%HYPHYPE$65.72−9.35%XRPXRP$0.9583−6.08%

Updated: Nov 14, 2026, 04:41 PM UTC