Latest Update
2026-11-07 23:43 UTC

Bitcoin: CrypNuevo Flags CPI Week and Liquidation Cluster

Bitcoin: CrypNuevo Flags CPI Week and Liquidation Cluster

Crypto analyst CrypNuevo posted his Sunday Bitcoin update on November 8 2026, previewing an eventful week centered on CPI and PPI inflation prints plus liquidation clusters, open interest and a long wick.

Source

Analysis

Bitcoin analyst @CrypNuevo opened his weekly thread noting CPI, PPI data and a liquidation cluster as the main drivers for the days ahead.

Price sits at $75969.03 inside the Bollinger Bands with the upper band at $79913.2 acting as immediate resistance. The 50-EMA at $77419.65 and 200-EMA at $80265.88 define the bearish structure overhead while the lower band at $73304.95 marks short-term support. RSI at 40.78 remains neutral and MACD has printed a golden cross at -577.28, suggesting momentum may attempt a test of the upper band before any retracement to the 50-EMA.

CrypNuevo

@CrypNuevo

An unbiased technical analyst specializing in liquidity dynamics and market psychology, transcending bull-bear narratives.