Bitcoin's price dropped toward $75,000 on November 6 after failing to sustain a recovery above $80,000 post-election. This decline coincided with $430.2 million in net outflows from US spot Bitcoin ETFs, reversing previous inflows and highlighting weakening institutional demand. The price now faces critical support around $75,000, with further declines possible if ETF withdrawals continue. Stabilization above this level could lead to a rebound toward $77,400 and higher resistance points. The broader market weakness, including tech stock declines, also weighs on Bitcoin's recovery prospects.
Bitcoin price movement is the subject, with Pluang market data providing context as of Nov 06, 2026 22:21 WIB. Among 50 major cryptocurrencies on Pluang, 24 rose and 25 fell today. Notable movers include BCH at Rp4.839.237 with a 1-day change of -5.00%, AAVE at Rp2.378.319 up 3.69%, and KSM at Rp61.091 up 3.67%.
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