Bitcoin Bounces Back to $78K as Traders Eye $80 Next
November 4, 2026 — Bitcoin rallied 1.74% to $78,416 after dipping to $75,736 earlier in the day. Prices now sit above key moving averages, signalling fresh bullish momentum.
Traders are targeting $80,000, then $82,600. But ETF outflows above $1 billion and an overbought RSI (~71) call for caution. Support holds at $76,000.
Next big trigger: the US jobs report on November 6 #BTC
November 4, 2026 — Bitcoin rallied 1.74% to $78,416 after dipping to $75,736 earlier in the day. Prices now sit above key moving averages, signalling fresh bullish momentum.
Traders are targeting $80,000, then $82,600. But ETF outflows above $1 billion and an overbought RSI (~71) call for caution. Support holds at $76,000.
Next big trigger: the US jobs report on November 6 #BTC
