Market Briefing 16: Bitcoin (BTC) Taps Our $76K Target, a Bullish Leg Could Be Next

BBitcoin+3.03% came down to mark its low right on our $76,000 correction target before bouncing hard, which could mark the end of our second Elliott wave and the start of a third, bullish one. Welcome to Market Briefing #16, our format where we give you a concise take on the crypto market. In this November 4, 2026 edition, we cover the correction target that got hit, our long-term Elliott wave scenario, the levels to watch to confirm the recovery, a quick look at the altcoins, and a macro update between the midterms and the AI bubble.