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Bitcoin may have formed a low, but a pullback to $77K-$78K is still possible, says analyst.

Technical Signals
06 Nov 2026, 20:08 WIB
Tokenpost
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Neutral
Bitcoin may have formed a low, but a pullback to $77K-$78K is still possible, says analyst.

Analyst Killa noted that the USDT.D metric, which measures Tether's market share, retested a key Fibonacci level and faced rejection, suggesting Bitcoin might have already hit a low point. However, his chart analysis also allows for a potential pullback to the $77,000 to $78,000 range. He emphasized that going long is simpler than timing shorts in a trending market. These insights highlight cautious optimism for Bitcoin's near-term price action as of November 5.

Trader Killa's view on USDT.D and Bitcoin lows provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 07, 2026 00:23 WIB: out of 50 major cryptocurrencies priced on Pluang, 39 rose and 10 fell today. Notable gainers include ZIL (Zilliqa) at Rp33 with a 13.75% increase and a Pluang order activity of 29% Sell / 71% Buy, BAL (Balancer) at Rp16,297 up 11.14%, and EOS (EOS.IO) at Rp12,649 up 8.13%. Typical hold times range from 85 to 134 days among these assets.

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