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Bitcoin analysis today · Nov 2, 2026 · Downtrend

Daily analysis · Nov 2, 2026

at the daily close 03:00 · Nov 2

Daily close 78,354 +1.00% on the day

The day in one sentence

Bitcoin closed the day between support 76,888 and resistance 79,221. A 1D close above 79,221 opens the way to 81,273–82,875; below 76,888, to 74,968.

What changed since yesterday

  • The close moved from 77,582 to 78,354 (+1.00%); the daily trend is down.
  • Nearest support moved from 74,968 to 76,888.
  • Nearest resistance is unchanged at 79,221 (7 touches).
  • RSI(14) 1D moved from 35.4 to 39.8 (+4.4).
  • Yesterday's analysis →

Bitcoin today: up or down? Two paths from the daily levels · each needs a 1D close

Upside path A 1D close above resistance 79,221 (1.1% above the close) opens the way to 81,273–82,875.
Downside path A 1D close below support 76,888 (1.9% below the close) opens the way to 74,968.

BTC printed a daily close at 78,354.00. The 1D trend reads down, and price sits between a near 1D resistance zone at 79,220.74–80,684.36, tested seven times, and a near 1D support zone at 76,046.58–76,888.00, tested four times. A 1D close above 80,684.36 would carry price past that resistance and open room toward the far band near 82,874.93. A 1D close below 76,046.58 would expose the far 1D support at 74,967.97 as the next level on the map.

Support and resistance today

  • Support 76,888 1.9% below the close
  • Resistance 79,221 1.1% above the close

The bigger picture

The wider frames show a mixed structure. On 1W the trend points up, with price between a near support band and a near resistance band. On 1M the trend is neutral and the same upper band caps price from above. On 4H the trend is up after a weak upward break, against a down daily trend.

What to watch

Watch how the daily candle settles against the near 1D zones. The 1D RSI reads 39.8 (down), volume runs at 0.45× of its average, and volatility is low.

Frequently asked questions

What are the support and resistance levels for Bitcoin today?

On the daily chart, the nearest support is 76,888 and the nearest resistance is 79,221.

Is Bitcoin up or down today?

Bitcoin closed the day at 78,354, +1.00%. The daily trend is down. A daily close beyond 76,888 or 79,221 is what would change that picture.

What happens if Bitcoin closes above 79,221?

A 1D close above resistance 79,221 (1.1% above the close) opens the way to 81,273–82,875.

What happens if Bitcoin closes below 76,888?

A 1D close below support 76,888 (1.9% below the close) opens the way to 74,968.

Bitcoin: technical analysis →