BTC recovered from the sub-$100,000 drop, but what’s next?
One of the popular analysts, Ali Martinez, outlined the most crucial support levels if the $100,000 level would indeed break and BTC would definitively enter a five-digit price area.
Three important Bitcoin $BTC support levels to watch based on price ranges:
• $98,340
• $75,475
• $55,980 pic.twitter.com/1tCNyM9J1Z— Ali (@ali_charts) November 7, 2025
The first was actually tested during Tuesday night’s crash when BTC fell below $99,000. So far, the price has managed to hold, but if it gives in, the next ones will be well below that, which would essentially mean the end of the bull market.
However, it’s not all worrying news. Data shared by CW shows that apparent demand for the asset has returned after a few weeks of apparent absence. The chart below shows that each phase of substantial negative apparent demand was followed by the opposite, which could mean good news for BTC in the short term.
The apparent question of $BTC has become positive again.
Market sentiment is changing. Purchasing demand is increasing again. pic.twitter.com/9tpOUoY0zQ
— CW (@CW8900) November 8, 2025
If Bitcoin is indeed in for a more sustainable market recovery period, the first major resistance on the way up lies at $106,000, followed by $111,600, where over 140,000 BTC was accumulated. Martinez outlined this level as a “strong resistance barrier” due to this cluster of units purchased around these levels.
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At the time of writing, BTC remains sideways at around $102,000, after a massive 17.5% decline in the past month. The market capitalization is at $2.030 trillion, after falling below the crucial $2 trillion level.
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