Bitcoin recovered above $76,000 after hitting a six-week low. The rebound came as daily ETF withdrawals dropped sharply from $643.2 million on October 30 to $115.6 million on November 3, suggesting that institutional selling pressure is beginning to ease. The recovery also coincided with gains in U.S. stock futures following a period of market uncertainty.
Investors are now watching the resistance zone as Bitcoin attempts to extend its recovery. A successful breakout could push BTC toward $82,000, especially if ETF outflows continue to decline. However, institutional demand remains weak, and ongoing political uncertainty and security concerns could limit further gains.