$BTC Intraday Update | 04.11.2026 ๐
Bitcoin has rebounded strongly and is trading above $80,000 again. Short-term momentum has improved, but a broader trend reversal remains unconfirmed. Pullbacks are still possible after such a sharp move. ๐
๐ฐ Bitcoin price: around $80,535
๐ Key levels:
๐ข Above $81,100: An hourly close above this level, a successful retest and stronger spot volume would support a move towards $82,000โ$83,500.
๐ด Below $79,300: An hourly close below this level followed by a failed retest would increase the risk of a pullback towards $78,100โ$78,800.
$80,000 remains the key retest level.
โ๏ธ A possible trading range for the rest of today is $79,300โ$82,000. Moves outside this range remain possible.
๐ฎ Outlook for the next 2โ6 weeks:
โก๏ธ Base scenario: Bitcoin builds a base between $78,000 and $82,000, provided demand stabilizes.
๐ Bullish scenario: A daily close above $82,000, a successful retest and stronger demand could open the way towards $84,000โ$87,500.
๐ Bearish scenario: A daily close below $78,000 with persistent selling pressure could bring $74,000โ$77,000 into focus. Below $75,700, the risk of an extension towards $70,000โ$74,000 increases.
๐ Key events in the coming weeks
โข 06.11.: US jobs data โ could shift growth expectations and the interest-rate outlook.
โข 10.11.: US CPI โ inflation surprises could move BTC.
โข 13.11.: US PPI โ a fresh indication of producer price pressures.
โข 08.โ09.12.: Fed meeting โ interest-rate guidance and updated projections.
โธ๏ธ Futures: No trade โ wait and see!
Unconfirmed long watch scenario for 04.11. only: First, an hourly close at or above $80,000. Then, within the following four 15-minute candles, a retest of $79,950โ$80,100 with a close at $80,100โ$80,200. This is currently a watch scenario, not a confirmed entry signal.
โ ๏ธ These are conditional scenarios, not guaranteed price targets. Confidence is low.
#bitcoin #BTC
Bitcoin has rebounded strongly and is trading above $80,000 again. Short-term momentum has improved, but a broader trend reversal remains unconfirmed. Pullbacks are still possible after such a sharp move. ๐
๐ฐ Bitcoin price: around $80,535
๐ Key levels:
๐ข Above $81,100: An hourly close above this level, a successful retest and stronger spot volume would support a move towards $82,000โ$83,500.
๐ด Below $79,300: An hourly close below this level followed by a failed retest would increase the risk of a pullback towards $78,100โ$78,800.
$80,000 remains the key retest level.
โ๏ธ A possible trading range for the rest of today is $79,300โ$82,000. Moves outside this range remain possible.
๐ฎ Outlook for the next 2โ6 weeks:
โก๏ธ Base scenario: Bitcoin builds a base between $78,000 and $82,000, provided demand stabilizes.
๐ Bullish scenario: A daily close above $82,000, a successful retest and stronger demand could open the way towards $84,000โ$87,500.
๐ Bearish scenario: A daily close below $78,000 with persistent selling pressure could bring $74,000โ$77,000 into focus. Below $75,700, the risk of an extension towards $70,000โ$74,000 increases.
๐ Key events in the coming weeks
โข 06.11.: US jobs data โ could shift growth expectations and the interest-rate outlook.
โข 10.11.: US CPI โ inflation surprises could move BTC.
โข 13.11.: US PPI โ a fresh indication of producer price pressures.
โข 08.โ09.12.: Fed meeting โ interest-rate guidance and updated projections.
โธ๏ธ Futures: No trade โ wait and see!
Unconfirmed long watch scenario for 04.11. only: First, an hourly close at or above $80,000. Then, within the following four 15-minute candles, a retest of $79,950โ$80,100 with a close at $80,100โ$80,200. This is currently a watch scenario, not a confirmed entry signal.
โ ๏ธ These are conditional scenarios, not guaranteed price targets. Confidence is low.
#bitcoin #BTC