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November 7, 2026

BTC sits just above a well-worn floor, pinned below its…

BTC sits just above a well-worn floor, pinned below its 20- and 50-day averages.
BTC $76,081.8, +0.13% on the day. Regime: neutral.
OddTick Friday, November 6

BTC sits just above a well-worn floor, pinned below its 20- and 50-day averages.

$76,081.8 +0.13% neutral

Bitcoin is trading in a neutral regime, with price at $76,081.80 sitting below both its 20-day average near $79,145 and its 50-day average near $79,754 — a gap that shows the broader downtrend hasn't been reversed yet. The 24-hour move is essentially flat at +0.13%, but the past week shows a modest pullback of about 1.3%, extending a rougher two-week slide near 6.8% and a monthly decline near 9.1%. The 24-hour range ran roughly $74,790 to $76,300, with price near the top of that window, though it's still sitting in the lower third of the broader seven-day range of about $74,790 to $81,180. Fear & Greed reads 28 ('Fear'), barely changed from 30 a week ago, consistent with a market that's drifted lower without panic or euphoria.

Funding on both BTC and ETH perpetuals is essentially flat right now, showing no meaningful leveraged tilt in either direction. Open interest in BTC futures reads near 2,720, a current snapshot rather than a sign of building or unwinding conviction. The rotation reading of -3.6 suggests capital is leaning toward BTC rather than into alts at the moment. In the last half hour, order flow showed whale buyers outnumbering sellers — 15 buys versus 7 sells, with buy volume near $819,000 against roughly $180,000 in sells, putting the aggressive-buyer share near 77% — but this is a 30-minute snapshot that can and often does flip within the hour.

The resistance band above has been tested extensively, with more than 40 touches, making it a heavily worn ceiling that has repeatedly capped upside attempts. The support floor below has been tested far less, roughly a third as often, making it comparatively lighter though not unproven. Price currently sits much closer to that floor than to the ceiling, leaving more room above before the well-worn resistance comes back into play than below before support is retested. The band itself hasn't shown a clear tightening or widening pattern today — it's holding its recent shape.

BTC Snapshot
24-hour +0.13%
7-day -1.45%
20-day average $79,145.26
50-day average $79,754.4
Key Levels
Resistance
tested 43×
$77,540.81
Last price $76,081.8
Support
tested 18×
$75,762.68
Sentiment
Fear & Greed
30 a week ago
28 · Fear
24h range $74,790 – $76,300.7
What to take from it
• BTC trades below both its 20- and 50-day averages, consistent with a neutral, still-cooling regime.
• Resistance above is heavily tested (40+ touches) while support below is lighter, and price sits much closer to the floor.
• Funding is flat and open interest steady; whale flow leaned toward buyers in the last half hour, but that's a short snapshot, not a standing trend.
Headlines
Forbes
‘Biggest Bloodbaths In History’—Bitcoin Suddenly Braced For Fed Price Shock After Serious Gold And Silver Crash Warning
Yahoo Finance
Bitcoin Price Prediction: Where Will BTC Be by 2028?
CNBC
Bitcoin pacing for 5th weekly loss; bitcoin miners surging
Yahoo Finance
Bitcoin Under $76,000 After $430M ETF Outflows. Has It Bottomed?
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OddTick reports what the market is doing, measured by an automated system, for informational purposes only. It does not make trade recommendations, does not predict prices, and makes no claim that acting on this information is profitable. Nothing here is financial advice. Crypto assets are volatile — never trade money you can't afford to lose.

OddTick · Patrick Register · PO Box 472 · Christiansburg, VA 24068

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