Bitcoin Closes at a 30-Day Low, Sitting on Its $76,782 Floor
Bitcoin closed at its lowest in 30 days and now sits on a $76,782 floor that has turned the price back four times since mid March 2025.
By Pratik OswalChief Technical Analyst

Bitcoin (BTC) trades near $76,000, on its $76,782 floor. A floor is a price where falls have stopped before.
The price is down about 9% over the past 30 days. On 6 November it ended the day at its lowest in a month.

The price closed at its lowest in a month. Source: Binance BTC/USDT daily prices, to the 6 November daily close, computed by www.altcoinbuzz.io.
A Small Fall, the Lowest Close in a Month
The price fell about 0.3% on 6 November. Trading on Binance that day came to $1.30 billion, close to its 20-day average.
Last week's close, the last price of the week, was $78,354, the lowest since the week of 7 September.
Quartz, citing Bloomberg, reported that bitcoin fell as a chipmaker-led slump in technology equities spread into crypto. The report also pointed to an earlier Binance hack and fading retail investor interest.
Buyers on Binance futures paid close to the past week's average rate to keep their positions open, the highest rate in 90 days.
A Floor That Has Turned the Price Before
The floor at $76,782 sits right at the price now. It has turned the price 4 times since mid March 2025. Its last turn was on 15 September.

The price sits right on its $76,782 floor. Source: Binance BTC/USDT daily prices, to the 6 November daily close, computed by www.altcoinbuzz.io.
The floor is the nearest level to the price. The price is also about 40% below its highest on Binance, which shows how much of the past rise has been given back. That high was $126,200, set on 6 October 2025.
The $76,782 Floor and the $79,800 Ceiling
A daily close is the last price of the day. A ceiling is a price where rises have stopped before. One sits at $79,800, about 5% above the price.
A daily close above it would name $81,431, about 7% above, as the next level. A daily close below $76,782 would name $73,949, about 3% below, as the next level down.
The two levels sit either side of the price now. Two prices would settle the week, $79,800 above the price and $76,782 at it. Both are waiting on a daily close.

Pratik Oswal
An Electronics and Telecommunication Engineer with a strong foundation in analytical and quantitative thinking. I have authored seven books on Mathematics and have been actively involved in trading since 2012. Since 2017, I have been deeply engaged in the crypto ecosystem, gaining extensive experience across digital assets, markets, and emerging blockchain technologies. My background combines technical expertise, mathematical proficiency, and over a decade of hands-on experience in financial markets.
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