Bitcoin is currently locked in a decisive struggle at a make-or-break resistance zone. After a strong attempt to push higher, BTC was rejected and has retreated to a pivotal support area. The next few sessions are crucial: bulls must quickly reclaim the critical overhead resistance, or risk triggering a wider market retreat back toward lower support levels. Battle At Resistance: Can Bitcoin Reclaim $107,000–$108,000? In a recent update, Crypto Candy noted that Bitcoin’s price action continues to unfold largely as anticipated, maintaining strength and structure across key levels. After enduring a volatile period, BTC held firmly within the $99,000–$101,000 support zone. This strong defense from buyers set the stage for a rebound toward the upper resistance area around $107,000–$108,000. Related Reading: Bitcoin Valuation Reset: MVRV Slides Into Macro Correction Territory — What This Means At present, the $107,000–$108,000 range is acting as a critical barrier, and Bitcoin’s ability to reclaim this zone could determine its short-term direction. The current consolidation suggests a tug-of-war between bulls and bears, with buyers aiming to push for a breakout, while sellers are attempting to cap further upside. The outcome of this battle may set the tone for the next decisive move in the market. If the current momentum fails to hold, Crypto Candy suggests a pullback to lower levels could follow, giving bears another short-term edge. However, Crypto Candy added that if Bitcoin successfully reclaims the $107,000–$108,000 range, the market could shift back in favor of the bulls. Such a breakout would likely trigger renewed buying pressure, potentially driving the price higher toward the $116,000–$118,000 zone or even beyond. BTC Faces Rejection At Resistance, Support At $105,000 In Focus Presenting an outlook, Crypto VIP Signal revealed that BTC has recently reached a key resistance area but was immediately rejected on its first attempt. This initial failure suggests that a significant pocket of selling pressure is positioned at that level. Related Reading: Bitcoin Recovery Lacks Conviction, Market Signals Another Pullback Risk Following this rejection, the price has now moved down to the $105,000 support level. The analyst stresses that the market must hold this specific price point, as it represents a crucial line of defense against a deeper pullback. Crypto VIP Signal warns that if there is a decisive break and a close below $105,000, the market could see a significant drop toward the next major support in the $103,000 zone. However, the crypto analyst highlighted that another attempt to retest the initial resistance area is expected in the coming days. This implies the rejection may be a healthy setback before bulls try to breach the critical ceiling again. Featured image from Pixabay, chart from Tradingview.comBitcoin is currently locked in a decisive struggle at a make-or-break resistance zone. After a strong attempt to push higher, BTC was rejected and has retreated to a pivotal support area. The next few sessions are crucial: bulls must quickly reclaim the critical overhead resistance, or risk triggering a wider market retreat back toward lower support levels. Battle At Resistance: Can Bitcoin Reclaim $107,000–$108,000? In a recent update, Crypto Candy noted that Bitcoin’s price action continues to unfold largely as anticipated, maintaining strength and structure across key levels. After enduring a volatile period, BTC held firmly within the $99,000–$101,000 support zone. This strong defense from buyers set the stage for a rebound toward the upper resistance area around $107,000–$108,000. Related Reading: Bitcoin Valuation Reset: MVRV Slides Into Macro Correction Territory — What This Means At present, the $107,000–$108,000 range is acting as a critical barrier, and Bitcoin’s ability to reclaim this zone could determine its short-term direction. The current consolidation suggests a tug-of-war between bulls and bears, with buyers aiming to push for a breakout, while sellers are attempting to cap further upside. The outcome of this battle may set the tone for the next decisive move in the market. If the current momentum fails to hold, Crypto Candy suggests a pullback to lower levels could follow, giving bears another short-term edge. However, Crypto Candy added that if Bitcoin successfully reclaims the $107,000–$108,000 range, the market could shift back in favor of the bulls. Such a breakout would likely trigger renewed buying pressure, potentially driving the price higher toward the $116,000–$118,000 zone or even beyond. BTC Faces Rejection At Resistance, Support At $105,000 In Focus Presenting an outlook, Crypto VIP Signal revealed that BTC has recently reached a key resistance area but was immediately rejected on its first attempt. This initial failure suggests that a significant pocket of selling pressure is positioned at that level. Related Reading: Bitcoin Recovery Lacks Conviction, Market Signals Another Pullback Risk Following this rejection, the price has now moved down to the $105,000 support level. The analyst stresses that the market must hold this specific price point, as it represents a crucial line of defense against a deeper pullback. Crypto VIP Signal warns that if there is a decisive break and a close below $105,000, the market could see a significant drop toward the next major support in the $103,000 zone. However, the crypto analyst highlighted that another attempt to retest the initial resistance area is expected in the coming days. This implies the rejection may be a healthy setback before bulls try to breach the critical ceiling again. Featured image from Pixabay, chart from Tradingview.com

Reclaim Or Retreat? Bitcoin Is Struggling At This Make-Or-Break Zone

2025/11/12 11:00
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Bitcoin is currently locked in a decisive struggle at a make-or-break resistance zone. After a strong attempt to push higher, BTC was rejected and has retreated to a pivotal support area. The next few sessions are crucial: bulls must quickly reclaim the critical overhead resistance, or risk triggering a wider market retreat back toward lower support levels.

Battle At Resistance: Can Bitcoin Reclaim $107,000–$108,000?

In a recent update, Crypto Candy noted that Bitcoin’s price action continues to unfold largely as anticipated, maintaining strength and structure across key levels. After enduring a volatile period, BTC held firmly within the $99,000–$101,000 support zone. This strong defense from buyers set the stage for a rebound toward the upper resistance area around $107,000–$108,000.

At present, the $107,000–$108,000 range is acting as a critical barrier, and Bitcoin’s ability to reclaim this zone could determine its short-term direction. The current consolidation suggests a tug-of-war between bulls and bears, with buyers aiming to push for a breakout, while sellers are attempting to cap further upside. The outcome of this battle may set the tone for the next decisive move in the market.

Bitcoin

If the current momentum fails to hold, Crypto Candy suggests a pullback to lower levels could follow, giving bears another short-term edge. However, Crypto Candy added that if Bitcoin successfully reclaims the $107,000–$108,000 range, the market could shift back in favor of the bulls. Such a breakout would likely trigger renewed buying pressure, potentially driving the price higher toward the $116,000–$118,000 zone or even beyond.

BTC Faces Rejection At Resistance, Support At $105,000 In Focus

Presenting an outlook, Crypto VIP Signal revealed that BTC has recently reached a key resistance area but was immediately rejected on its first attempt. This initial failure suggests that a significant pocket of selling pressure is positioned at that level.

Following this rejection, the price has now moved down to the $105,000 support level. The analyst stresses that the market must hold this specific price point, as it represents a crucial line of defense against a deeper pullback.

Crypto VIP Signal warns that if there is a decisive break and a close below $105,000, the market could see a significant drop toward the next major support in the $103,000 zone. However, the crypto analyst highlighted that another attempt to retest the initial resistance area is expected in the coming days. This implies the rejection may be a healthy setback before bulls try to breach the critical ceiling again.

Bitcoin
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Royal Government of Bhutan Moves 973 BTC in Latest Treasury Activity

Royal Government of Bhutan Moves 973 BTC in Latest Treasury Activity

The post Royal Government of Bhutan Moves 973 BTC in Latest Treasury Activity appeared on BitcoinEthereumNews.com. The Royal Government of Bhutan transferred 973
Share
BitcoinEthereumNews2026/03/18 19:29
Bubblemaps: The top five traders in STBL token trading volume are interconnected and have made profits exceeding $10 million

Bubblemaps: The top five traders in STBL token trading volume are interconnected and have made profits exceeding $10 million

PANews reported on September 18th that blockchain analytics platform Bubblemaps published an article on the X platform claiming that Tether co-founder Reeve Collins had just launched a new token, STBL. However, the top five traders are suspiciously interconnected and have profited over $10 million. Collins launched STBL yesterday, a new stablecoin system built around three tokens: USST (stablecoin), YLD (yield token supporting USST), and STBL (governance token). An analysis of the top five traders by STBL trading volume revealed that these five profit-makers received capital injections at the same time. Tracing the source of their funds revealed a clear connection: the funds all came from the same source (injected via Tornado Cash); bots were used to borrow USDC from the Venus Protocol; and the total profit exceeded $10 million. However, there is no evidence that these traders are connected to the core team. In fact, this group of bots has a history of extracting value from other tokens, not just STBL.
Share
PANews2025/09/18 10:09
Coinbase Vs. State Regulators: Crypto Exchange Fights Legal Fragmentation

Coinbase Vs. State Regulators: Crypto Exchange Fights Legal Fragmentation

US-based crypto exchange Coinbase has made a significant appeal to the Department of Justice (DOJ) regarding a wave of lawsuits aimed at its operations. The company is urging federal action to address what it describes as an “increasingly fragmented and hostile” regulatory landscape for the crypto market. Coinbase Urges Federal Action  In a recent letter, Coinbase highlighted the steps taken by the current Administration to create a more equitable framework for digital asset regulation. This includes the introduction of stablecoin legislation and two pending bipartisan market-structure bills aimed at fostering uniformity in the oversight of cryptocurrencies.  Coinbase argues that these initiatives have begun to mitigate the adverse effects of the previous Administration’s enforcement-driven regulatory approach.  However, the company warns that certain states are perpetuating this problematic trend by adopting “expansive and flawed” interpretations of securities laws and implementing new licensing requirements that undermine the federal government’s pro-innovation stance. Related Reading: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow They make an example with the Oregon Attorney General, who has filed a lawsuit against Coinbase, claiming that many digital assets traded on its platform qualify as alleged unregistered securities.  The letter affirms that the suit not only targets Coinbase but also encourages other states to address what the Attorney General perceives as a regulatory gap left by federal authorities.  Similarly, the New York Attorney General has initiated legal action to regulate transactions involving digital assets based on decentralized protocols as securities, further complicating the regulatory environment. Coinbase has faced cease-and-desist orders from four states, which demand the company halt its retail staking services. These orders are deemed by Coinbase as “legally unfounded and inconsistent.” Unified Framework For Digital Assets In light of these challenges, the letter to the DOJ calls for urgent federal intervention to establish broad preemption provisions. The crypto exchange argues that preemption has historically been an effective tool for addressing state interference in national markets, referencing past Congressional actions. Coinbase contends that the current patchwork of state regulations not only disrupts market efficiency but also leads to unequal access to cryptocurrency services based on geographic location. Related Reading: Citi’s Ethereum Forecast: No New All-Time High Expected, Year-End Target At $4,300 To remedy these issues, Coinbase advocates for Congress to adopt legislation that would exempt federally regulated digital assets from state blue-sky laws and clarify that state licensing requirements do not apply to crypto intermediaries.  Additionally, the company urges the SEC to expedite rulemaking and provide clearer guidance on why digital asset transactions and services, including staking, should not be classified as securities. Such clarity would help prevent states from imposing conflicting regulations based on their interpretations of securities laws. Featured image from Shutterstock, chart from TradingView.com
Share
NewsBTC2025/09/18 15:00