Bitcoin Technical Analysis Report – 2nd November 2026
Bitcoin is currently trading around $78,448, following a sharp recovery from the $58,000-$60,000 levels. However, after reaching the $86,000-$87,000 region, the price faced strong selling pressure and entered a corrective phase. The daily chart indicates that BTC is currently consolidating after its recent rally, with price action showing some weakness in the short term. The […] The post Bitcoin Technical Analysis Report – 2nd November 2026 appeared first on ZebPay.
Key Takeaways
- Bitcoin is currently trading around $78,448, following a sharp recovery from the $58,000-$60,000 levels.
- However, after reaching the $86,000-$87,000 region, the price faced strong selling pressure and entered a corrective phase.
- The daily chart indicates that BTC is currently consolidating after its recent rally, with price action showing some weakness in the short term.
Summary generated by IndiCrypto from ZebPay. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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