cryptoBITCOIN: basically game over..
MMCrypto · · 05:01 · Watch on YouTube
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BTC near publication: $110,0714-hour candle close · 1 Nov 2025, 08:00 UTC · BTC/USDT
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- Next days (next 1–7 days): Waiting on 106k (timeframe is our reading):
the moment we break below 106, that's the invalidation point for the bulls, that's the validation point for the bears.
▶ 03:55
If this, then that
- If break below 106,000, which validates the bears and brings further downward momentum, then 98k (next days):
We need to break 106,000 first to actually look at this bearish scenario. And yes, the next volume support is coming in at 98,000 US dollars.
▶ 04:26
Levels named
- 120k: Resistance (next resistance level above if 106k is not broken):
always resistance is going to be the next level and that is somewhere around 120 something US dollars, 120 thousand something US dollars.
▶ 04:12 - 106k: Their view is wrong past this (support with multiple confirmations that was broken; a break below is the bears' validation point):
the moment we break below 106, that's the invalidation point for the bulls, that's the validation point for the bears.
▶ 03:55 - 98k: Support (volume support in confluence with the weekly 50-period moving average and EMA ribbon):
the next volume support is coming in at 98,000 US dollars. In fact, that is in confluence with the EMA ribbon on the weekly. The 50-period moving average on the weekly is also 98,000.
▶ 04:31
Their own position: Not said.