NewsBTC
Nov 5, 2025
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Bitcoin Price Falls Below $100K Amid Bearish Trend

Bitcoin Price Analysis

  • Bitcoin's price is declining, currently below $103,500 resistance.
  • BTC fell below key support levels of $105,000 and $104,000, entering a bearish zone.
  • A low was recorded at $98,900, with consolidation near the 23.6% Fib retracement level between $111,000 and $98,900.
  • Price trades below $104,000 and the 100 hourly Simple Moving Average, facing resistance at $103,500.
  • Further resistance anticipated at $105,000 and higher levels like $106,400, $107,500, $108,500.

Bitcoin Price

  • If BTC fails to break above $103,500, it might decline further.
  • Immediate supports lie at $100,200 and $100,000; further decline could reach $98,800, $96,200, or even $95,500.

Technical Indicators

  • Hourly MACD: Gaining pace in the bearish zone.
  • Hourly RSI: Below the 50 mark.
  • Major Support Levels: $100,200, $100,000.
  • Major Resistance Levels: $103,500, $105,000.