Bitcoin rebounded after Wednesday’s election-driven selloff, before losing some of its recovery and falling back toward $76,000 after reaching $81,000. According to CryptoQuant, the Bitcoin Cycle Extremes Index stands at 15.8% on a 30-day moving average, while the Cycle Extreme Oscillator remains well below the 1.0 threshold. These indicators point to a corrective and subdued phase rather than a confirmed cycle bottom, leaving room for further consolidation or another downward leg before a durable recovery. Analyst Bren sees a decline toward $56,000, followed by a bullish first half of 2027 and a new all-time high that year. Meanwhile, US-listed spot Bitcoin ETFs recorded their first inflows in November at $74.57 million, while Switzerland approved its first ETF open to retail investors.
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