Here we go.

First reported Nov 12, 2026, 20:16 UTC

Source reports

Here we go. Bitcoin has now fully tagged into oversold conditions on the 1D RSI. Sharp drop here down to $71,000 slicing through the 200D + 300D SMA. The sort of move that doesn't feel good and causes extreme fear, but we have been here before. We have very high levels of… — @Sykodelic_ (X), Nov 12, 2026, 20:16 UTC
$BTC Did end up fully rejecting from the breakout level and has now tested the low $70Ks. This area has been my high timeframe area of interest where I believe BTC is at an interesting price again for a long term horizon. Of course it is anyone's guess where this bottoms out and… — @DaanCrypto (X), Nov 12, 2026, 20:16 UTC

Excerpts are quoted from the linked sources, which own their text.