Latest Update
2026-11-06 07:07 UTC

Bitcoin: Plunges to 10-Week Low of $74,871

Bitcoin: Plunges to 10-Week Low of $74,871

Polymarket reported Bitcoin plunging to a 10-week low of $74,871 on November 6, 2026, with the asset trading at $75647.46 amid bearish technical signals.

Source

Analysis

Bitcoin plunged to a 10-week low of $74,871 per Polymarket on November 6, 2026.

Price sits at $75647.46 below the EMA50 at $78160.06 and EMA200 at $80634.32, confirming the bearish trend structure while the MACD death cross at -601.39 reinforces downside pressure. RSI at 36.88 remains neutral and price trades inside the Bollinger bands with upper resistance at $81557.54 and lower support at $74118.68, pointing to potential exhaustion near the lower band before any relief rally.

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