$BTC Update | 05.11.2026 📊

Bitcoin is holding above $80,000 after yesterday’s rebound. US spot Bitcoin ETFs recorded their first net inflow after three days of outflows, although the five-session total is still deeply negative. Until BTC clears yesterday’s high, sideways trading looks more likely. 👀

💰 Bitcoin price: around $80,379

📍 Key levels
🟢 Above $81,100: An hourly close above yesterday’s high, followed by a successful retest and stronger spot volume, would support a move towards $81,600–$82,700.
🔴 Below $79,700: An hourly close below this level and a failed attempt to reclaim it would bring $79,300 and $78,800 into focus first.

↔️ Today’s possible trading range is $78,800–$82,100. Moves outside it are possible, particularly around today’s US economic release.

🔮 Outlook for the next 2–6 weeks

➡️ Base scenario: Bitcoin builds a base between $77,500 and $83,000 if demand holds near the lower end.
📈 Bullish scenario: A daily close above $83,000, a successful retest and several days of stronger demand could open the way towards $84,000–$88,000.
📉 Bearish scenario: A daily close below $77,500 with sustained selling pressure would bring $72,000–$76,000 into play.

📅 Key events in the coming weeks

• 05 Nov – US productivity and costs: Higher labour costs could shift interest-rate expectations.
• 06 Nov – US jobs data: Hiring will offer clues about economic growth.
• 10 Nov – US consumer prices: An inflation surprise could move the dollar and BTC.
• 13 Nov – US producer prices: Watch for changes in price pressure.
• 08–09 Dec – Fed meeting: Updated rate projections could shift risk appetite.

⏸️ Futures: No trade — wait and see.
Long watch for 05 Nov only: After an hourly close at or above 80,000 USDT, look for a retest of 79,900–80,050 USDT and a close at 80,050–80,150 USDT within the next four 15-minute candles. There is no confirmed entry. The idea expires before today’s US data release.

⚠️ These price ranges depend on the stated conditions. Confidence is low.