$BTC c/USD Analysis — 6 Nov 2026
Current zone: ~$75,700. $BTC remains under pressure after yesterday’s sharp reversal from above $80K.
📉 Technical outlook
- Trend: Short-term bearish
- RSI: Around 28 on the intraday chart → oversold, so a relief bounce is possible.
- Immediate support: $74,500
- Major support: $74,100–$73,600
- Resistance: $77,200, then $78,000–$78,500
- Stronger reversal confirmation: daily close above $80,000–$81,300.
📊 Trading scenarios
Bullish: If $BTC reclaims $77,200, it could bounce toward $78,000–$78,500, with $80K becoming the next major test.
Bearish: A clean break below $74,500 could expose $74,100 → $73,600 → ~$73,000. Reuters also identifies ~$73,188 as the 200-day moving average.
My bias: 🔴 Bearish below $77,200, but the deeply oversold intraday RSI makes a short-term bounce possible.
⚠️ This is market analysis, not financial advice. Crypto volatility is currently very high, with more than $1B in leveraged positions recently liquidated.