Bitcoin Order Books Show Weakening Support Ahead of November 25 PPI Data
Bitcoin order books display diminishing bid-side liquidity as the U.S. Producer Price Index release approaches on November 25 at 8:30 a.m. ET. Large holders reduced buying positions while significant sell orders accumulated between $80,000 and $90,000. The concentrated resistance zones create heightened volatility conditions ahead of the October inflation data, with analysts projecting both headline and core PPI at 2.7 percent year-over-year.