Bitcoin (BTC/USD) ends the trading week at 75,758, continuing its downward movement and having exited the bullish channel. While the moving averages still point to an overall uptrend, the price has broken below the area between the signal lines, indicating downward pressure from sellers and the potential for a further decline in BTC/USD. In the near term, we may see a corrective rebound, with a test of the resistance area near 80,045. From there, a downward reversal is expected, leading to a continued decline in the price of Bitcoin, with a potential target below 58,225.
Bitcoin Forecast BTCUSD November 9 – 13, 2026
An additional signal supporting a decline in BTC/USD for the trading week of November 9–13, 2026, is a rebound from the upper boundary of the descending channel. A second signal is a rebound from the resistance line on the Relative Strength Index (RSI) indicator. A strong rally and a breakout above the 89,565 level would invalidate the bearish scenario for Bitcoin this trading week. Such a move would signal a breach of the resistance zone and suggest that the BTC/USD pair will continue to climb, with a potential target above 98,505. Conversely, a breakdown below the support zone—confirmed by a close below the 74,604 level—would validate a bearish trend.
Bitcoin Forecast BTCUSD November 9 – 13, 2026 anticipates an attempt to test the resistance zone near 80,045, followed by a decline in the cryptocurrency toward levels below 58,225. A test of the trend line on the Relative Strength Index (RSI) would serve as an additional signal supporting a potential decline in Bitcoin’s price this week. As noted, a strong rally breaking through the 89,565 level would negate this bearish outlook; in that event, one should expect the upward momentum to continue, targeting the 98,505 level.
