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### ₿ BITCOIN ($BTC /USDC)
SHORT-TERM BEARISH
Analysis: November 8, 2026 | 1-Day chart
### $75,865
My prediction: Sideways to bearish, with a possible recovery bounce.
### Key price targets
| Level | BTC price |
| ------------- | --------- |
| Resistance 1 | $76,730 |
| Resistance 2 | $78,960 |
| Resistance 3 | $81,290 |
| Support 1 | $74,800 |
| Support 2 | $74,300 |
| Lower support | $73,200 |
### International market check
* ETF flows: Approximately $1.28B outflows over five days. Negative for BTC.
* War/geopolitics: Uncertainty remains a volatility risk.
* US market: Recent tech-market selling pressured Bitcoin.
* Liquidations: Over $1B in leveraged crypto positions liquidated during the recent sell-off. CoinShares +1
### My trading outlook
Bearish until resistance breaks
* Bullish confirmation: Daily close above $76,730.
* Upside target: $78,960–$81,290.
* Bearish confirmation: Break below $74,800.
* Downside target: $74,300–$73,200.
Final verdict: I favour cautious selling pressure or sideways consolidation over an immediate strong rally. Do not enter a leveraged long without confirmation.
This is a probability-based forecast, not a guaranteed price. Your screenshot indicators show price below EMA(7) and Supertrend, confirming bearish technical momentum. Reuters also identifies $75,000 and $73,188 as important downside levels. Reut
ers +1
### ₿ BITCOIN ($BTC /USDC)
SHORT-TERM BEARISH
Analysis: November 8, 2026 | 1-Day chart
### $75,865
My prediction: Sideways to bearish, with a possible recovery bounce.
### Key price targets
| Level | BTC price |
| ------------- | --------- |
| Resistance 1 | $76,730 |
| Resistance 2 | $78,960 |
| Resistance 3 | $81,290 |
| Support 1 | $74,800 |
| Support 2 | $74,300 |
| Lower support | $73,200 |
### International market check
* ETF flows: Approximately $1.28B outflows over five days. Negative for BTC.
* War/geopolitics: Uncertainty remains a volatility risk.
* US market: Recent tech-market selling pressured Bitcoin.
* Liquidations: Over $1B in leveraged crypto positions liquidated during the recent sell-off. CoinShares +1
### My trading outlook
Bearish until resistance breaks
* Bullish confirmation: Daily close above $76,730.
* Upside target: $78,960–$81,290.
* Bearish confirmation: Break below $74,800.
* Downside target: $74,300–$73,200.
Final verdict: I favour cautious selling pressure or sideways consolidation over an immediate strong rally. Do not enter a leveraged long without confirmation.
This is a probability-based forecast, not a guaranteed price. Your screenshot indicators show price below EMA(7) and Supertrend, confirming bearish technical momentum. Reuters also identifies $75,000 and $73,188 as important downside levels. Reut
ers +1
