$BTC Intraday Update | 04.11.2026 📊

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. 👀

💰 Bitcoin price: around $80,535

📍 Key levels:
🟢 Above $81,100: An hourly close above this level, a successful retest and stronger spot volume would support a move towards $82,000–$83,500.
🔴 Below $79,300: An hourly close below this level followed by a failed retest would increase the risk of a pullback towards $78,100–$78,800.
$80,000 remains the key retest level.

↔️ A possible trading range for the rest of today is $79,300–$82,000. Moves outside this range remain possible.

🔮 Outlook for the next 2–6 weeks:
➡️ Base scenario: Bitcoin builds a base between $78,000 and $82,000, provided demand stabilizes.
📈 Bullish scenario: A daily close above $82,000, a successful retest and stronger demand could open the way towards $84,000–$87,500.
📉 Bearish scenario: A daily close below $78,000 with persistent selling pressure could bring $74,000–$77,000 into focus. Below $75,700, the risk of an extension towards $70,000–$74,000 increases.

📅 Key events in the coming weeks
• 06.11.: US jobs data — could shift growth expectations and the interest-rate outlook.
• 10.11.: US CPI — inflation surprises could move BTC.
• 13.11.: US PPI — a fresh indication of producer price pressures.
• 08.–09.12.: Fed meeting — interest-rate guidance and updated projections.

⏸️ Futures: No trade — 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 $79,950–$80,100 with a close at $80,100–$80,200. This is currently a watch scenario, not a confirmed entry signal.

⚠️ These are conditional scenarios, not guaranteed price targets. Confidence is low.

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