Bitcoin Price Action Analysis

Bitcoin trading near $76,079 with bearish pressure as key resistance levels hold.

Nov 7, 2026

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Bitcoin Price Action Analysis

Bitcoin trading near $76,079 with bearish pressure as key resistance levels hold.

In brief

Bitcoin trading near $76,079 with bearish pressure as key resistance levels hold. Bitcoin remains below $77,245 resistance on daily chart with potential drop to $63,509 if support breaks. Originally reported by TradingView.

Daily Price Action

Bitcoin trading around $76,079 on daily chart, remaining below two major resistance levels.

Seller Control Zones

Immediate resistance at $77,245 and major resistance at $81,438 with price below descending trendline.

Lower Price Target

Lower Price Target

Potential drop to $63,509 if BTC fails to break $77,245 and loses support at $75,500.

The one thing

Bitcoin remains below $77,245 resistance on daily chart with potential drop to $63,509 if support breaks.

Read the original on TradingView

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