Bitcoin · daily candles Data as of the close on 04/11/2026

Bitcoin trading analysis: daily and weekly

Trend today Bearish 5 of 8 signals agree · Moderate conviction Weekly: Bullish · 4 of 5 signals

80672.54 +4.3% Last close

RSI (14)
51.5
vs. 50-day average
-1.62%
Projected close in 5 candles
80465 -0.26%
Typical daily range
2.69%

Next high-impact event Average Hourly Earnings m/m in 2 days

Bitcoin (BTC/USD) trading follows the largest cryptocurrency, which trades 24 hours a day, every day. This page does a daily and weekly trading analysis: bullish or bearish trend, support and resistance levels, a weekly forecast for the next 5 sessions from an algorithmic model and the US economic data that tends to influence risk appetite.

Educational and informational content: it is not investment advice or a recommendation to buy or sell. Trading involves risk of loss. full disclaimer.

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Bitcoin daily candlestick chart

Timeframe: Daily (1D)

Each candle is one day (daily timeframe, 1D). Hover any candle to see its data. Drag to move around, change the range with the buttons and switch layers on or off. The colored lines and zones are the detected support and resistance levels; the hollow candles at the end, with their date underneath, are the projection for the next 5 days.

Layers

Tip: with “Draw line” or “Draw zone” you can mark your own levels on the chart.

Bitcoin hourly MACD

Timeframe: Hourly (1H)

The MACD measures price momentum by comparing two averages (12 and 26 hours). Here each bar is one hour: it shows whether short-term strength is rising or fading during the day.

Last hour: the MACD is above its signal line, meaning momentum is bullish and it is getting stronger.

How to read this chart
  • Blue line (MACD) above the orange one (signal): short-term momentum is bullish. Below it: bearish.
  • The bars show the distance between the two lines: green above zero and red below zero. Taller bars = stronger momentum; shrinking bars = momentum is fading.
  • When the lines cross, momentum switches sides. It is a short-term technical signal, not an order to buy or sell.

Hourly data updates during each market's session and may be delayed.

Bitcoin support and resistance

A support is a price where the market has already bounced several times: buyers tend to show up there. A resistance is the opposite: a ceiling where sellers tend to show up. They are detected over the last three months of daily candles; more touches means a more relevant level.

Level Price Distance Touches Strength
Resistance 87255 +8.16% 2 Medium
Resistance 84249 +4.43% 1 Light
Resistance 82076 +1.74% 2 Medium
Resistance 81347 +0.84% 1 Light
Last close 80672.54
Support 80337 -0.42% 1 Light
Support 79736 -1.16% 1 Light
Support 79146 -1.89% 1 Light
Support 76200 -5.54% 3 Strong

Bitcoin weekly forecast: next 5 daily candles

A machine-learning model (LightGBM) trained on price history, RSI, MACD, ATR, Fibonacci retracements and the economic calendar predicts each close from the previous one. Since each step carries the previous step's error, the likely range widens over the days.

Date Projected close vs. current close Likely range
80589 -0.1% 78922 – 82255
80461 -0.26% 78104 – 82818
80693 +0.03% 77806 – 83580
80639 -0.04% 77305 – 83972
80465 -0.26% 76738 – 84192
  • Direction hit rate on 355 out-of-sample sessions: 48.7%. 50% is a coin flip: the model is a study aid, not a crystal ball.
  • Average one-session error: ±1333

It's a statistical estimate, not a promise: the market can move outside the range. Use it as context for studying, never as a buy or sell signal.

Today's and this week's read: Bitcoin

5 of 8 signals point bearish, so Bitcoin reads as bearish (moderate conviction). The model projects a close near 80,465 in 5 sessions (-0.3%), with a likely range of 76,738–84,192. On weekly candles the read is bullish (4 of 5 signals), which differs from the daily read: it is worth watching both timeframes. A bounce toward the 81,347 resistance (tested 1x) is where sellers have defended before. Watch 80,337: a daily close below it would confirm more downside; holding it points to a relief bounce.

The signals behind the verdict

It's not an opinion: it's the tally of eight technical checks. Green counts toward the bullish case, red toward the bearish one.

  • Price vs. 50-day average 80,673 vs 81,998

    Price trades below its 50-day average: sellers dominate the medium term.

  • Price vs. 200-day average 80,673 vs 73,182

    Above the 200-day average: the long-term trend is still intact.

  • 50-day vs. 200-day average 81,998 / 73,182

    The 50-day is above the 200-day (the so-called “golden cross”): the underlying regime is bullish.

  • 20-day average slope -1.34%

    The 20-day average fell over the last week: short-term momentum is negative.

  • 14-day RSI 51

    RSI above 50: buying strength outweighs selling strength.

  • MACD vs. its signal line -1072 / -928.2

    MACD is below its signal line: momentum is accelerating downward.

  • High/low structure

    The structure of the last 10 sessions (highs and lows) favors sellers.

  • Model projection -0.26%

    The AI model projects a lower close within 5 sessions.

Economic calendar for November 2026

The month's medium- and high-impact US events, with what each one measures and its usual effect on Bitcoin. Releases that surprise versus the forecast are the ones that cause the biggest candles.

10 events · 4 high-impact

Date Time Event Impact Forecast Previous Actual
Manufacturing PMIISM Manufacturing PMI Medium 54.5 54.5 —

What it measures: A survey of factory purchasing managers: above 50 the industry expands, below 50 it contracts.

Effect on Bitcoin: Bitcoin follows the market's risk mood: data that pushes recession away helps; data that brings it closer, or fuels higher rates, tends to weigh.

Job openings (JOLTS)JOLTS Job Openings Medium 7.15M 7.08M —

What it measures: How many open positions there are in the US. It shows whether companies are still hiring or slowing down.

Effect on Bitcoin: A 'just right' jobs number favors risk appetite; one that is too strong (more rate pressure) or too weak (recession) tends to trigger drops in Bitcoin.

Congressional Elections High — — —

What it measures: A high-impact release for the US economy. Data in this category tends to move prices sharply within minutes.

Effect on Bitcoin: Indirect impact on Bitcoin, through liquidity and risk appetite; usually small.

Today Services PMIISM Services PMI Medium 54.8 54.9 —

What it measures: The same survey for the services sector, which is the largest part of the US economy.

Effect on Bitcoin: Bitcoin follows the market's risk mood: data that pushes recession away helps; data that brings it closer, or fuels higher rates, tends to weigh.

Weekly jobless claimsUnemployment Claims Medium 197K 194K —

What it measures: How many people filed for unemployment benefits for the first time this week. A quick thermometer of the labor market.

Effect on Bitcoin: A 'just right' jobs number favors risk appetite; one that is too strong (more rate pressure) or too weak (recession) tends to trigger drops in Bitcoin.

Average Hourly Earnings m/m High 0.3% 0.1% —

What it measures: A high-impact release for the US economy. Data in this category tends to move prices sharply within minutes.

Effect on Bitcoin: Indirect impact on Bitcoin, through liquidity and risk appetite; usually small.

Non-Farm Payrolls (US jobs)Non-Farm Employment Change High 65K 29K —

What it measures: How many new jobs the US economy created last month. It is the most-watched employment report in the world.

Effect on Bitcoin: A 'just right' jobs number favors risk appetite; one that is too strong (more rate pressure) or too weak (recession) tends to trigger drops in Bitcoin.

Unemployment rateUnemployment Rate High 4.2% 4.2% —

What it measures: The share of people looking for work who can't find it. Released together with non-farm payrolls.

Effect on Bitcoin: A 'just right' jobs number favors risk appetite; one that is too strong (more rate pressure) or too weak (recession) tends to trigger drops in Bitcoin.

Consumer sentimentPrelim UoM Consumer Sentiment Medium 48.1 46.3 —

What it measures: A survey of how optimistic households feel about their finances and future inflation.

Effect on Bitcoin: Bitcoin follows the market's risk mood: data that pushes recession away helps; data that brings it closer, or fuels higher rates, tends to weigh.

Prelim UoM Inflation Expectations Medium — 4.7% —

What it measures: A medium-impact release: it adds context on the US economy without being decisive by itself.

Effect on Bitcoin: Indirect impact on Bitcoin, through liquidity and risk appetite; usually small.

Times are shown in your time zone. The calendar updates daily with the current week's events and, once the source has published the next one, with those too: the month fills in as it goes.

Frequently asked questions about Bitcoin analysis

Is Bitcoin bullish or bearish today?

As of the close on November 4, 2026, 5 of 8 technical signals point down, so Bitcoin reads as bearish (moderate conviction). It is an educational, rule-based reading, not a recommendation to buy or sell.

How is the trend determined as bullish or bearish?

We count eight technical checks: price versus the 50- and 200-day averages, the cross of those averages, the slope of the 20-day average, RSI, MACD, the high/low structure and the model's projection. If most point up, the trend reads bullish; otherwise, bearish. The more agree, the higher the conviction.

What is the weekly trend of Bitcoin?

On weekly candles, 4 of 5 signals point up, so the weekly trend of Bitcoin reads as bullish. We compare price with the 10- and 40-week averages, the cross of both, and the weekly RSI and MACD. The two timeframes (daily and weekly) can differ: it is worth looking at both.

What are the support and resistance levels of Bitcoin today?

The nearest support is at 80,337 and the nearest resistance at 81,347, detected over the last months of daily candles. The more times price reacted at a level, the more relevant it is.

What is the weekly investment forecast for Bitcoin?

It is an educational estimate, not a recommendation: a statistical model projects a close near 80,465 on November 9, 2026 (-0.3% versus the current close), with a likely range of 76,738 to 84,192. It covers the next trading week (5 daily candles) and the market can move outside that range.

What moves the price of Bitcoin?

It moves with market risk appetite, liquidity and rate expectations, regulatory news and investor sentiment, with frequent sharp moves.

What is algorithmic trading and how is it used in this analysis?

Algorithmic trading uses rules and mathematical models, instead of gut feeling, to analyze the market. Here we apply that approach to analysis: technical rules (moving averages, RSI, MACD, support levels) and a machine-learning model produce the trend read and the forecast. We only analyze: we do not execute trades or manage money.

How often is this analysis updated?

It is recalculated on each visit using the latest daily candles available. The economic calendar adds the medium- and high-impact US events every day.

Keep learning

Informational and educational content. It is not financial advice or a recommendation to buy or sell; trading in the markets carries a risk of loss.