$BTC is trading near $76,900.
The 4h structure continues the same pattern from the previous week: sharp drop from the late-October highs near $82k–$83k, a clear low around $74.5k–$76.2k into early November, followed by a bounce that stalled under $78k. Price is now consolidating just below $77k after a mild pullback from the Nov 3 high.
Momentum remains weak. The bounce looks corrective so far — lower highs are still in place and volume has not confirmed strong buying. Key levels:
-->Resistance: $77,500 / $78,000 then $80,000
--->Support: $76,200 / $75,500 then the recent swing low near $74,500
Until BTC reclaims and holds above $78k with conviction, the bias stays neutral-to-bearish. A clean break higher opens room toward $80k+. Failure to hold $76k keeps downside risk toward the prior low active.
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