NewsSignals AI analysis·Dow Jones Newswires·Nov 3, 2026

Bitcoin's $77,000-$80,000 Support Being Tested — Market Talk

Grade Abearish AI signal$BTC

Bitcoin's $77,000–$80,000 support zone is being tested following last week's Binance hack, with analysts warning that broader equity market performance could determine BTC's next trading range. Bitcoin previously held above $80,000 through the October 28 Federal Reserve decision but traded around $78,000 on October 29, while spot demand remains relatively weak. Continued weakness in technology stocks and limited spot buying could intensify selling pressure and put the critical support zone at risk.

Bullish strength: 35/100

Buyers are still defending the critical $77,000–$80,000 support zone, according to Bitfinex analysts.
Bitcoin held above $80,000 through the October 28 Federal Reserve decision.
Bitcoin was reported 0.4% higher at $77,025.03.

Bearish strength: 65/100

The Binance hack coincided with Bitcoin trading around $78,000 on October 29.
Relatively weak spot demand continues to pressure Bitcoin.
Mounting pressure from U.S. technology stock valuations creates an additional headwind.
A failure to defend the $77,000–$80,000 support zone could weaken the recovery.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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