Bitcoin begins November 2026 defending $76,000, the average price paid by short-term holders. The Binance hack drove BTC to a six-week low of $76,275 and triggered $1.58 billion in liquidations. Maintaining $76,000 and recovering $82,000 could allow Bitcoin to approach $87,000. A loss of $76,000 would expose support between $73,000 and $74,000, with further declines possible if that zone fails. Bitcoin ETFs recorded $643 million in outflows the day after the hack, while the US midterm elections on November 3 add uncertainty.
