Bitcoin Near $75,800 Faces Fifth Straight Losing Week

Bitcoin traded near $75,800 early Sunday, about 3% below its weekly open, which sets up its fifth consecutive weekly loss when the weekly candle closes at midnight UTC, according to a CryptoTicker analysis published on November 8. CryptoTicker placed the opening level near $78,232 on its reference exchange. The exact threshold depends on the exchange and timestamp used to form weekly candles.

The price has lost 12.4% since the weekly close of $86,507 on October 4. It is down 2.4% over seven days and 7.6% over 30 days.

Our review of prediction-market contracts addresses a different question: what specific contracts cost on a particular date. Neither a five-week pattern nor a contract quote can establish where Bitcoin will trade next week. The separate ETF-flow report documents recent institutional redemptions without implying that those flows alone determine spot prices.

The streak so far

Weekly closes have fallen every week since early October, according to CryptoTicker, using Coinbase data:

• October 4: $86,507, up 2.4%
• October 11: $83,678, down 3.3%
• October 18: $82,007, down 2.0%
• October 25: $80,053, down 2.4%
• November 1: $78,231, down 2.3%

If bitcoin stays near $75,800, the current week would close down just over 3%. The week's high was $81,131 on Wednesday, after the U.S. midterm elections, and Friday's low was $74,722. On Sunday morning the Coinbase range from midnight to about 6 a.m. Central European time was $75,545 to $75,868. Saturday's range was $75,453 to $76,152.

Two past episodes are too few for a meaningful statistical comparison. For the current episode, the start and end of each week must be measured at the same exchange, using consistent UTC boundaries. Comparing unlike datasets can turn an apparent five-week streak into a different count, even though the underlying price history is unchanged.

What history says about five red weeks

CryptoTicker reviewed 498 weeks of Coinbase data since April 2017. Four red weeks in a row happened eight times, most recently in May 2026. Five or more happened only twice, in 2022 and in early 2026, and the outcomes were very different.

• 2022: Nine red weeks took bitcoin from $46,850 to $29,447, a decline of 37.1%. Four weeks after the fifth red week, the price was 23.5% lower. Twelve weeks after, it was 41.3% lower.
• 2026: Six red weeks took bitcoin from $93,630 to $65,769, a decline of 29.8%. Four weeks after the fifth red week, the price was up 0.3%. Twelve weeks after, it was up 14.5%.

With only two cases, the sample is too small to support a forecast. The comparison shows that a fifth red week has marked both the middle of a bear market and a turning point, and the weekly candle alone does not say which.

ETF flows turned negative again

U.S. spot bitcoin ETFs lost about $1.28 billion for the week, according to flow data from TFTC cited by CryptoTicker. Daily flows were minus $398.6 million on Monday, minus $115.6 million on Tuesday, plus $74.6 million on Wednesday, minus $430.2 million on Thursday and minus $411.9 million on Friday. On Friday, BlackRock’s iShares Bitcoin Trust (IBIT) recorded a $403.0 million net outflow, while Fidelity’s FBTC registered a $42.8 million inflow, according to Farside Investors. The five-day aggregate for U.S. spot Bitcoin ETFs was a net outflow of approximately $1.28 billion.

Other outlets described the week as the steepest for ETF outflows since late June. One report said the outflows erased bitcoin's net 2026 inflows to date, but the article gave no figure and the claim could not be verified. Ether ETFs recorded a sixth straight week of outflows, according to the same report, which was published on November 8 and cited several secondary sources. Flow figures vary by provider and should be checked against Farside Investors data.

Sentiment: from neutral to fear in a few days

CryptoTicker reported an alternative.me Fear and Greed reading of 28 early Sunday, indicating a sharp deterioration in its composite sentiment measure. Other trackers gave different readings, including 32 on Sunday in a market snapshot from KuCoin, because indexes use different inputs. The shift came in three days, after US technology shares sold off sharply on Thursday, as covered in our Nasdaq report.

Technical levels

CryptoTicker listed support at $74,722, Friday's low, followed by a widely watched longer-term moving average near $73,200, according to the cited snapshot. Resistance sits at the 100-day line near $77,300 and the 50-day line near $81,800. The article described the downtrend as "tired" but not reversed and said a turnaround would need ETF inflows and a green weekly close. It stated that it was not investment advice.

The macro calendar

The next catalyst is the U.S. October CPI report on Tuesday, November 10, at 8:30 a.m. New York time, or 2:30 p.m. Central European time. Traders price about a 78% to 80% chance of a Fed rate hike in December after Friday's jobs report showed 165,000 new jobs, according to AP and other sources. Higher expected rates and a stronger dollar have generally been headwinds for bitcoin.

Because Bitcoin trades continuously, the weekly candle does not settle when US stock markets close on Friday. Weekend liquidity can be thinner, and a relatively small late move can change the final weekly candle without altering the wider market trend. A change from a red to a green weekly close would describe one week’s net move, not erase the declines during October.

What to watch

The first marker is the weekly close at midnight UTC and whether it holds above $75,000. The second is Monday's ETF flow report, which will show whether outflows have slowed. The third is Tuesday's CPI release. A close below $74,722 would put the 200-day average near $73,200 in focus.

Limits of the data

Prices and ranges are from Coinbase and CoinGecko snapshots, and exchange prices differ by a few dollars. The reference weekly-open figure varies by exchange and candle-construction convention; do not treat $78,232 as a market-wide official closing threshold. Historical comparisons use a small number of events. Analyst commentary is opinion and not a forecast the data supports.