Crypto Bloodbath 💥 — Bitcoin Leads Market-Wide Selloff Bit
koinmilyoner
Updated at: 7 hours ago
{"content":"Crypto Bloodbath 💥 — Bitcoin Leads Market-Wide Selloff
Bitcoin is again falling below $110,000. BTC may fall if it remains below $110,000.
Bitcoin fell below $109,500 again.
Prices are below $109,000 and the 100-hour Simple moving average.
The hourly BTC/USD chart shows a negative trend line with resistance around $109,800.
The pair may fall if it breaks $107,400.
Bitcoin Price Rejection
After failing to hold over $110,500, bitcoin price fell again. BTC fell below $110,000 and $109,500 into bear territory.
The price fell below the 50% Fib retracement level of the rise from $106,312 swing low to $111,000 high. The hourly BTC/USD chart shows a negative trend line with resistance around $109,800.
Bitcoin has fallen below $109,000 and the 100-hour SMA. Price may see resistance at $109,500 if bulls go higher. First major resistance is between $109,800 and the trend line.
Next resistance may be $110,500. A close above $110,500 barrier might boost prices. Price might surge above $111,200 barrier. More advances might push the price beyond $113,500. Bulls may face $115,000 and $115,500 next.
More BTC losses?
Bitcoin may fall if it fails to break $109,800. Support is approaching $107,400, the 76.4% Fib retracement line of the rise from $106,312 swing low to $111,000 high. Near $106,500 is the first substantial sponsorship.
Around $105,500 is the next support. More losses might push the price toward $104,200. BTC may struggle to rebound below $103,500, the primary support.
Major Support Levels: $107,400, $106,500.
Major resistance levels: $109,800, $110,500.
#WriteToEarnUpgrade #BTC #FOMCMeeting #BNBBreaksATH $BTC $ETH $BNB ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/03/d324e4d079274fc4bf13794608f8e422.png"],"tags":[],"tradingPairs":["BNB/USDT"],"quotearticleid":0}