Bitcoin Keeps Making Lower Highs as $76,400 Support Flips Into Resistance

Bitcoin remains trapped in a clear short-term downtrend after losing the $76,400 support zone, with repeated failures to reclaim the level leaving the recent lows around $72,700 increasingly important. BTC currently trades around $74,000, according to CoinMarketCap, after moving between approximately $73,142 and $74,703 over the latest 24 hours. Although Bitcoin has attempted several rebounds during the November decline, the broader four-hour structure continues producing lower highs and lower lows. Until that sequence changes, sellers retain control of the short-term trend. Bitcoin repeatedly used this region as support in late October and early November. Buyers initially defended the level when BTC declined from above $80,000, allowing price to rebound sharply. Bitcoin broke decisively below $76,400 and subsequent recovery attempts failed to establish acceptance back above the former support.

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