$BTC Bitcoin is trading at roughly $75,800, with a change of about -0.13% over the last 24 hours. October was rough: BTC fell 7.3%, its second straight losing October.
Technical picture (mildly bearish):
Resistance sits at $80,225 (the 50-day EMA) and $83,000, then $87,000.
Support is at $76,463. A daily close below it could put the September low of $75,000 in play.
One analysis counts 8 indicators signaling bullish and 23 signaling bearish.
Upcoming catalysts:
US spot Bitcoin ETFs saw $515M in outflows in October, their first monthly outflow since June.
Binance's reserve report and MSCI's November 11 decision on Strategy Inc. are the big events traders are watching.
Outlook: Most analysts' base case is that BTC stays in a $75,000 to $83,000 range through November. One source projects a broader channel of $74,000 to $95,000 from November 2026 to March 2027. These are only forecasts, and they disagree: various AI models put the end-of-November price anywhere from $74,500 to $80,250.
Candle chart: I don't have verified daily OHLC (open/high/low/close) data right now, and I don't want to invent candles and mislead you. For a real candle chart, use TradingView (BTCUSDT) or Binance. If you like, I can make a price-ladder chart of the support and resistance levels above instead.
#UNIUSDT #UStreasury #UsaElections #BTC
Technical picture (mildly bearish):
Resistance sits at $80,225 (the 50-day EMA) and $83,000, then $87,000.
Support is at $76,463. A daily close below it could put the September low of $75,000 in play.
One analysis counts 8 indicators signaling bullish and 23 signaling bearish.
Upcoming catalysts:
US spot Bitcoin ETFs saw $515M in outflows in October, their first monthly outflow since June.
Binance's reserve report and MSCI's November 11 decision on Strategy Inc. are the big events traders are watching.
Outlook: Most analysts' base case is that BTC stays in a $75,000 to $83,000 range through November. One source projects a broader channel of $74,000 to $95,000 from November 2026 to March 2027. These are only forecasts, and they disagree: various AI models put the end-of-November price anywhere from $74,500 to $80,250.
Candle chart: I don't have verified daily OHLC (open/high/low/close) data right now, and I don't want to invent candles and mislead you. For a real candle chart, use TradingView (BTCUSDT) or Binance. If you like, I can make a price-ladder chart of the support and resistance levels above instead.
#UNIUSDT #UStreasury #UsaElections #BTC