$BTC Bitcoin Latest Analysis
November 4, 2026 | Market update

$78,300–$78,500
Recovery
Market overview: Bitcoin has recovered strongly after dropping below $76,000 during US election-related market uncertainty. Buyers pushed BTC back above $78,000.

CoinDesk
+1

Technical levels

Level

Price

Resistance 2

$79,819

Resistance 1

$78,358

Support 1

$76,794

Support 2

$76,108

Stronger support

$74,998

COINOTAG
Possible scenarios

🟢 Bullish: Break above $78,358 could open the way toward $79,819 and $81,786.

🔴 Bearish: Rejection near resistance could bring BTC back toward $76,794.

⚠️ A break below $76,108 would weaken the short-term recovery.

My recommendation Wait for a confirmed breakout above $78,358 rather than entering immediately. Avoid high leverage during this volatile market.

What I got wrong: No confirmed trend reversal yet; the rebound alone does not prove a sustained bullish trend.

Confidence level: Medium.

My recommendation
Wait for a confirmed breakout above $78,358 rather than entering immediately. Avoid high leverage during this volatile market.

What I got wrong: No confirmed trend reversal yet; the rebound alone does not prove a sustained bullish trend.

Confidence level: Medium.

Bhai, do you want the next analysis for 1-minute trading or 15-minute trading?
#USMidterms-WhatAreMarketsExpecting? #bitcoin #BTC