Bitcoin $BTC slides toward $76K again as recovery loses momentum

Bitcoin $BTC is coming under renewed selling pressure after its latest recovery failed to hold above $80,000.
The cryptocurrency slipped back toward $78,000 on November 5, after briefly recovering above $81,000 following a drop to approximately $75,600 the previous day.
The reversal comes amid continued uncertainty over US interest rates, institutional demand and broader risk appetite.
Bitcoin's inability to sustain a move above $80,000 has put the $76,000 area back in focus, with traders watching whether recent lows can hold.
A break below that level could expose further downside toward $73,000–$75,000, while a sustained recovery above $81,000 would help ease near-term selling pressure.
Source: Reuters, Bitcoin Magazine (November 4–5, 2026)