$BTC /USDT – Market Analysis | November 8, 2026
Bitcoin is currently trading around $75,900, showing short-term bearish momentum. The RSI is near 38, indicating weak buying pressure. Immediate support stands at $75,162, followed by $74,057, while resistance is positioned at $76,335 and $77,708. A confirmed breakout above $76,335 could support a recovery, whereas a breakdown below $75,162 may increase downside pressure. Overall market structure remains bearish in the short term.
Market Bias: Bearish
Key Support: $75,162 / $74,057
Key Resistance: $76,335 / $77,708
#BTC
Bitcoin is currently trading around $75,900, showing short-term bearish momentum. The RSI is near 38, indicating weak buying pressure. Immediate support stands at $75,162, followed by $74,057, while resistance is positioned at $76,335 and $77,708. A confirmed breakout above $76,335 could support a recovery, whereas a breakdown below $75,162 may increase downside pressure. Overall market structure remains bearish in the short term.
Market Bias: Bearish
Key Support: $75,162 / $74,057
Key Resistance: $76,335 / $77,708
#BTC
