---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000976393.md"
description: "🏆 [Weekly] BITCOIN: PERFECT STORM – MACRO, TECHNICAL &amp; REGULATORY UPDATEBitcoin is caught in a perfect storm of macro, chart and regulatory headwinds. Here is the simple breakdown.📈 Technical SnapshotsPrice has broken down from the near $86,000 peak and is testing tentative support around $75,791. The 14‑day RSI sits near 40, showing short‑term oversold conditions, but there is no clear longer‑term bullish reversal signal yet. Sellers remain in control until a solid base forms.📊 Fundamentals snapshots- Macro: Hot jobs change the Fed outlook October’s jobs report shocked the market. The US added 165,000 jobs against the 65,000 forecast while unemployment fell to 4.1%. This strong labour market has pushed investors to price in a more hawkish Federal Reserve. Aggressive December rate cuts are now off the table. Higher‑for‑longer real yields hurt Bitcoin because it pays no interest. We are already seeing heavy outflows from Bitcoin ETFs as institutions move capital elsewhere.⛏️ On‑chain &amp; regulatory risksMining difficulty has stayed below its all‑time high for a record 374 days, squeezing miner profit margins. Falling Bitcoin prices may force miners to sell their holdings, adding more selling pressure. On the policy side, the expected Senate Banking Committee leadership change points toward tighter crypto rules and greater industry oversight.🔮 OutlookBitcoin will likely stay in defensive mode until we see softer economic data that brings rate‑cut hopes back. Watch the key psychological support at $75,000. Expect choppy, volatile price action until a fresh positive catalyst appears.Disclaimer: For information only, not financial and investment advice.please do your own due diligence."
datetime: "2026-11-08T10:30:14.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000976393.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000976393.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000976393.md)
author: "[Fattycat](https://longbridge.com/en/profiles/19854884.md)"
generator: "portal-rs"
---

# 🏆 [Weekly] BITCOIN: PERFECT STORM – MACRO, TECHNIC…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**