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Bitcoin’s Floor Becomes the Ceiling 📈 The Daily Chart Report

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Today’s Summary

Tuesday, November 11, 2025


Indices:  Dow +1.18% | S&P 500 +0.21% | Russell 2000 +0.11% | Nasdaq -0.31%

Sectors: 10 of the 11 sectors closed higher. Healthcare led, gaining +2.31%. Tech lagged, falling -0.85%.

Commodities: Crude Oil rose +1.65% to $61.04 per barrel. Gold rose +0.24% to $4,133 per oz.
 
Currencies:  The US Dollar Index fell -0.16% to $99.46.

Crypto: Bitcoin dropped -2.80% to $103,009. Ethereum dropped -4.20% to $3,417.

Volatility: The Volatility Index fell -1.76% to 17.29.


Interest Rates: The US 10-year Treasury yield dropped to 4.077%.

 


Here are the best charts, articles, and ideas shared on the web today!

 


Chart of the Day 


🏆 Today's Chart of the Day was shared by Larry Thompson (@HostileCharts).
 

  • While the week is far from over, the largest Bitcoin ETF ($IBIT) is flirting with its lowest weekly close since April, down -0.9% despite gapping higher by +2.4% to start the week.
     
  • $IBIT began rebounding on Friday after hitting a fresh six-month low. However, broken support at $61 has flipped into resistance. This has been a pivotal level all year, shifting from resistance to support this summer and back to resistance now. 
     
  • The AVWAP from the April low also sits near $61, reinforcing its significance. Continued rejection doesn’t bode well for the broader market, as Bitcoin has been a reliable gauge of risk appetite. 
     

The Takeaway: Former support has turned into resistance for the largest Bitcoin ETF ($IBIT). As long as $IBIT remains below $61, the path of least resistance for Bitcoin and the broader crypto space is lower.



Quote of the Day


"It’s not what you buy, it’s what you pay. And success in investing doesn’t come from buying good things, but from buying things well."
 

- Howard Marks


Top Links
 

Is This Really a Hated Rally? - Carson Research
Ryan Detrick shares his perspective on market sentiment. 

It Can’t Be 7 Stocks if It’s 150 - TrendLabs
JC Parets highlights a breakout in the Nasdaq Next Gen 100 ETF ($QQQJ). 

Uptrends Still Outnumber Downtrends - The Daily Number
Grant Hawkridge looks at market internals. 

Healthcare's Revival - Don's Dividends
Donovan Jackson examines the outlook for the Health Care sector. 

Why Inflation Isn't Cooling Down Any Time Soon - Yahoo Finance
Peter Borish offers his thoughts on the stock market and the economy. 


Top Tweets 

 

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