🚨 **BITCOIN BOUNCED — BUT I'M STILL NOT CONVINCED THE BOTTOM IS IN!** ⚠️

BTC recovered from the $75,700 area and pushed back toward $81K. That’s a strong bounce, but one recovery doesn't automatically confirm a trend reversal.

Here's why I'm staying cautious:

📉 **1. The bigger picture:** $BTC is still facing important resistance. The short-term bounce looks stronger than the broader trend.

💸 **2. ETF flows:** U.S. spot Bitcoin ETFs recorded roughly $115.6M in net outflows on November 3. The following day brought about $35.1M in inflows — a mixed signal, not a clear trend.

🌎 **3. Macro uncertainty:** NFP, CPI, PPI, Retail Sales and FOMC minutes are all ahead. DXY, Treasury yields and Nasdaq performance could also influence risk appetite.

🗳️ **4. Midterm results:** Democrats won control of both chambers, but markets initially rallied. I wouldn't treat the election result alone as a bearish signal.

**My BTC levels to watch:**

🔻 Below $75.7K: downside pressure could return.

🔼 Above $81K–$82K: buyers need to prove they can sustain the move.

⚠️ My bearish view remains a personal market outlook, not a certainty.

I'm watching for a deeper correction, with **$74K** as my downside level of interest. Until the chart confirms a stronger reversal, I'm not rushing to turn bullish.

What’s your view — is this the start of a recovery, or just another relief bounce?

#BTCRebounds80K #Bitcoin #BTC #CryptoMarket #BitcoinAnalysis