Bitcoin Bull Run in Danger? BTC Tests Critical Support Again

Bitcoin is trading at $107,400 at press time, down 3% in the past 24 hours and 7% over the last ￰0￱ are watching key price levels as the market tests long-term ￰1￱ volatility dropping and volume remaining high, several analysts are pointing to this monthly close as a potential turning ￰2￱ Support Has Held Since 2023 BTC has exhibited a transparent trend since the beginning of ￰3￱ has been located at the 38.2% Fibonacci retracement level for every significant correction so ￰4￱ levels—approximately $24,843, $49,200, $79,225, and currently $100,547—have indicated local bottoms prior to the recovery of the price.) November 3, 2025 Short-Term Ranges Show Liquidity Zones During the weekend, two main liquidity areas formed, according to analyst Daan Crypto ￰5￱ took out the lower bound around $108,500, clearing that ￰6￱ cluster remains near $112,000, with stronger interest building between $105,000 and $106,000.

Ted Pillows pointed to large bids around the $106,000–$107,000 zone and added, “What if we dump in the first week and then pump to a new ATH?” These levels are also near long liquidation zones, which could trigger more volatility in the short term. Long-Term Holders Are Selling Into Strength Data from CryptoQuant shows that long-term holders sold over $33 billion worth of BTC in ￰7￱ created daily selling pressure of up to $1 ￰8￱ noted that these units came from addresses active across multiple market cycles. “These aren’t weak ￰9￱ are OGs booking profits near the top,” they ￰10￱ from US investors has slowed in recent weeks, and some large traders have started taking short ￰11￱ of them is Peter Brandt, who confirmed a short in Bitcoin ￰12￱ market is still digesting these changes, as prices trade below recent highs.