Bitcoin slips below key support.
By Maxime Laurent · 2025-11-04 12:05
Bitcoin slips below key support.
Analysts eye $92K as the next big test.
$BTC just broke through the $104,000 zone — and traders are getting nervous 😬 Crypto analyst Ted Pillows points to an unfilled CME futures gap near $92,000, which could become the market’s next magnet.
Meanwhile, Daan Crypto Trades warns that the pair $BTC/$USD has lost its main short-term support, making a retest of $102K–$100K quite likely. The real pain, though, comes from on-chain data: according to CryptoQuant, over 28,600 BTC (about $2.9B) were sold at a loss in just the past 24 hours.
Even Glassnode notes that recent buyers are capitulating — the market’s weak hands are being flushed out again. Feels like a cleansing wave before a potential bottom… but in this sea, patience is the only life jacket 🧘♂️
#BTC #crypto #marketanalysis #trading #CMEgap #onchain #HODL
Analysts eye $92K as the next big test.
$BTC just broke through the $104,000 zone — and traders are getting nervous 😬 Crypto analyst Ted Pillows points to an unfilled CME futures gap near $92,000, which could become the market’s next magnet.
Meanwhile, Daan Crypto Trades warns that the pair $BTC/$USD has lost its main short-term support, making a retest of $102K–$100K quite likely. The real pain, though, comes from on-chain data: according to CryptoQuant, over 28,600 BTC (about $2.9B) were sold at a loss in just the past 24 hours.
Even Glassnode notes that recent buyers are capitulating — the market’s weak hands are being flushed out again. Feels like a cleansing wave before a potential bottom… but in this sea, patience is the only life jacket 🧘♂️
#BTC #crypto #marketanalysis #trading #CMEgap #onchain #HODL
Disclaimer: This content is for informational purposes only and not financial advice.