In the short term, the BTC/USD pair looks quite weak, although the price is currently trying to hold within the $67,300–$68,000 range. As of 2:28 p.m. Moscow time on November 13, 2026, Bitcoin is trading at $69,297, marking a 5% decline over the past 24 hours.
Where to Look for Support
The nearest significant support zone is in the $67,300–$68,000 range. This range formed at the intersection of the weekly S3 indicator (around $67,333) and the 200-week moving average (approximately $67,900).
The next significant demand level is located between $66,000 and $67,000. This zone has previously served as a breakout point, so it may play that role again.
If the price falls below $66,000, the next significant support zone will be the $63,000–$65,000 range. This is a fairly solid base that formed from July through mid-August.
The most pessimistic scenario calls for a drop to $57,877. This is the 52-week low, but we should only prepare for it if support in the $63,000–$65,000 range is lost.
Where to Look for Resistance
The
first barrier will be the psychological $70,000 mark. If it is successfully breached, selling pressure will ease, but this will not yet signal a trend reversal.
Technical resistance is in the $71,100–$71,700 range, which is linked to the weekly S2 and daily pivot levels.
The $73,100–$73,200 range poses a serious challenge for buyers. This is where the daily SMA(200) is located, which previously helped the price rise but will now act as a hindrance.
The supply zone also extends from $74,000 to $75,500.
And if we really want to see positive changes in the short term, the price will need to rise above $77,000.
What Technical Analysis Shows
Currently, the daily RSI stands at 26.0, which means the market is oversold. But there’s a caveat: the negative MACD and a histogram at -657.7 indicate that, while a rebound is possible, there are no clear signs of a trend reversal yet.
The price is currently trading below key moving averages: EMA(20) ($76,141), SMA(50) ($80,651), and SMA(200) ($73,110). Therefore, the $67,300–$68,000 range is now critically important. If the price manages to stay above it, a technical rebound is possible; if it falls below, the decline may only intensify.
Conclusion
In the near
term, we will be monitoring the $67,300–$68,000 range. Due to oversold conditions, a sharp rally is possible, but the bearish trend still dominates. For the situation to stabilize, the price needs to break above $70,000, and for a real change in direction, it will have to surpass the $73,100–$73,200 range.