Bitcoin's Short-Term Outlook: $81,900 Ends the Downtrend
Krown · · 00:46 · Watch on YouTube
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BTC near publication: $76,0304-hour candle close · 5 Nov 2026, 16:00 UTC · BTC/USDT
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- Next days (next 1–7 days): Waiting on 81.9k (timeframe is our reading):
reclaim the Wednesday high from last week in which it failed miserably at 81,900. Above there, at that point, I no longer have a daily downtrend and I can be very short-term, medium-term, and long-term bullish.
▶ 00:19
If this, then that
- If Bitcoin reclaims the Wednesday high at 81,900, ending the daily downtrend, and becomes very short-term bullish, then no target given (next days):
reclaim the Wednesday high from last week in which it failed miserably at 81,900. Above there, at that point, I no longer have a daily downtrend and I can be very short-term, medium-term, and long-term bullish.
▶ 00:19 - If Bitcoin reclaims the Wednesday high at 81,900, ending the daily downtrend, and becomes medium-term bullish, then no target given (next months):
reclaim the Wednesday high from last week in which it failed miserably at 81,900. Above there, at that point, I no longer have a daily downtrend and I can be very short-term, medium-term, and long-term bullish.
▶ 00:19 - If Bitcoin reclaims the Wednesday high at 81,900, ending the daily downtrend, and becomes long-term bullish, then no target given (this cycle):
reclaim the Wednesday high from last week in which it failed miserably at 81,900. Above there, at that point, I no longer have a daily downtrend and I can be very short-term, medium-term, and long-term bullish.
▶ 00:19 - If Bitcoin closes above 80,000 on the daily, reclaiming the major moving averages with bullish divergence and a bullish engulfing candle, then no target given (next days):
Absolutely must see Bitcoin close above 80,000 bucks. That is going to be claim all major moving averages on the daily timeframe plus regular bullish divergence plus a massive bullish
▶ 00:00
Levels named
- 81.9k: Resistance (last Wednesday's high, where price failed; reclaiming it ends the daily downtrend):
reclaim the Wednesday high from last week in which it failed miserably at 81,900. Above there, at that point, I no longer have a daily downtrend and I can be very short-term, medium-term, and long-term bullish.
▶ 00:19 - 80.3k: Resistance (a two-day close above gives a bullish engulfing and reclaims the major moving averages):
The two-day timeframe also is going to require a close above 80,350 to put in a bullish engulfing and reclaim all major moving averages
▶ 00:31 - 80k: Resistance (a close above reclaims all major moving averages on the daily, with bullish divergence):
Absolutely must see Bitcoin close above 80,000 bucks. That is going to be claim all major moving averages on the daily timeframe plus regular bullish divergence
▶ 00:00
Their own position: Not said.