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Bitcoin Faces Selling Pressure, Key Resistance Tests, and Bullish Signals

Bitcoin struggles to reclaim $107,000 while demand rises and analysts warn of whale selling and “new buyer” exits. The market balances between bullish recovery and renewed selling risk.

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Bitcoin Rejected at $107,000 as Bulls Lose Momentum


Bitcoin Demand Hits Four-Month High as Buyers Return

Samson Mow Blames “New Buyers” for Bitcoin Sell-Off

CryptoQuant Founder Warns of Whale Selling, Sees Long-Term Upside

Bitcoin Rejected at $107,000 as Bulls Lose Momentum

Bitcoin failed to hold $107,000, raising concerns about deeper corrections.

  • [Resistance test]: BTC was rejected at $107,000–$108,000 and trades near $105,000.

  • [Support levels]: Analysts watch $104,000 and $100,000 as next critical zones.

  • [Selling pressure]: QCP Capital warns of renewed “OG” holder selling above $118,000.

A sustained recovery supported by macro tailwinds could rekindle demand. But rallies above $118K will face renewed OG selling.” — QCP Capital

Bitcoin Demand Hits Four-Month High as Buyers Return

Spot demand and trading activity rise, hinting at a possible bullish reversal.

  • [Apparent demand]: Up to 5,251 BTC on Nov. 11, the highest since July.

  • [Trading volume]: Spot activity climbed 23% to $14.1 billion, showing stronger participation.

  • [Key target]: BTC must reclaim $110,000 as support to confirm recovery momentum.

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“Selling pressure is easing, and Bitcoin is giving early signals of a bullish reversal.” — Swissblock

Samson Mow Blames “New Buyers” for Bitcoin Sell-Off

Recent entrants take profits, driving the latest wave of selling.

  • [Profit-taking]: Buyers from the last 12–18 months sold after 20–30% gains.

  • [Influence]: Selling from long-term holders added pressure on recent investors.

  • [Outlook]: Mow expects 2026 to be a stronger year for Bitcoin and crypto.

“Newish buyers are taking profits after modest gains, rushing to lock them before it’s too late.” — Samson Mow

CryptoQuant Founder Warns of Whale Selling, Sees Long-Term Upside

Ki Young Ju flags heavy selling from whales but remains optimistic on Bitcoin’s macro trend.

  • [Whale selling]: Large holders offloaded billions in BTC since the $100,000 level.

  • [Current position]: The April 2024 halving drove BTC to $126,000 before retracing to $100,000.[Market correction]: Bitcoin dropped 20–30% from its $126,000 high due to supply overhang.

  • [Macro outlook]: ETF inflows and corporate buying help offset selling, keeping a bullish long-term view.

“Without ETF and corporate inflows, Bitcoin would have entered a multi-year bear market. If you believe in the macro recovery, buy the dip.” — Ki Young Ju

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This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results