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🚨 BTC/USDT Market Update — 11.13 Night Trend
Bitcoin is currently trading near $101,062, after touching the day’s low of $100,661.
The hourly chart shows a clear pullback from the 104,009 resistance level — indicating short-term selling pressure.
📊 Technical Snapshot:
24h High: 104,009.8
24h Low: 100,661.7
Key Moving Averages (MA5 & MA10): acting as near-term resistance around 102,600–102,100
BTC is consolidating after breaking below the MA10 line, showing caution from bulls.
🟢 Bullish Scenario:
If BTC holds above 100,700–100,600, it could stabilize and attempt a rebound toward 102,000–103,000 again.
A clean breakout above 104,000 will confirm renewed upward momentum.
🔴 Bearish Scenario:
If BTC fails to stay above 100,600, selling could extend toward 99,000–97,300 support zones.
💬 Market Sentiment:
Short-term correction — but the $100K zone remains a strong psychological support. Watch for a possible rebound if volume increases in the next few hours.
#BTC #Bitcoin #Gateio #CryptoMarketUpdate #BTCAnalysis