Bitcoin’s Short-Term Outlook: $81,900 Ends the Downtrend

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📅 Recorded Wednesday, November 4, 2026 (from that day’s livestream, the morning after the midterms). Prices and levels are as of that date.

Question of the day: did the election just mark the low? Bitcoin swept the October low to $75,649 on election night and ripped 7% in one session. To keep the reversal alive it must close above $80,000 today: that reclaims every daily moving average with bullish divergence and a bullish engulfing candle. A daily close above $81,900, last Wednesday’s high, ends the daily downtrend. The two-day needs $80,350 tonight. From the live stream.

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#bitcoin #crypto #btc #Shorts

DISCLOSURES
General market commentary and education, not personalized investment advice and not a recommendation to buy, sell, hold or size anything. I am not a registered investment adviser or commodity trading advisor. I may hold positions in assets discussed. Trading carries substantial risk of loss; statistics and backtests are hypothetical and do not predict results. Some links are affiliate links. Consult a licensed professional before acting.