Bitcoin dropped below $100,000 on a couple of occasions in the past week for the first time since June, which triggered a fresh wave of uncertainty among market observers and participants regarding the bull market’s 0 of the popular analysts, Ali Martinez, outlined the most crucial support levels if the $100,000 level indeed cracks and BTC decisively enters a five-digit price 1 key Bitcoin $BTC support levels to watch, based on the Pricing Bands: • $98,340 • $75,475 • $55,980 2 — Ali (@ali_charts) November 7, 2025 The first one was actually tested during the Tuesday evening crash when BTC dipped below $99,000. So far, it has managed to hold, but if it gives in, then the next ones are situated far below, which would essentially mean the end of the bull market.
However, it’s not all worrying 3 shared by CW shows that the apparent demand for the asset has returned after a few weeks of obvious 4 graph below demonstrates that each phase of substantial negative apparent demand has been followed by the complete opposite, which could spell good news for BTC in the short 5 apparent demand of $BTC has turned positive 6 market sentiment is 7 demand is increasing 8 — CW (@CW8900) November 8, 2025 If bitcoin indeed heads for a more sustained market recovery period, the first major resistance on its way up is at $106,000, followed by $111,600, where more than 140,000 BTC was 9 outlined this level as a “strong resistance barrier” due to this cluster of units purchased at around those 10 of press time, BTC remains sideways at around $102,000 after a massive 17.5% decline in the past 11 market cap sits at $2.030 trillion after it dipped below the crucial $2 trillion level.
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