BTCUSD Current Market AnalysisBitcoin / U.S. dollarBITSTAMP:BTCUSDFMFinancialAdvisorBTCUSD Current Market Analysis Date: 9 November 2025 Time: 2:22 PM (GMT+6) Trend Direction At present, the overall trend of BTCUSD is bearish. On the D1 chart, the price continues to form Lower Highs and Lower Lows. A strong rejection occurred from the 125,000 region, which is a major supply zone. On the H4 chart, a clear Break of Structure (BOS) has appeared to the downside, confirming that sellers are still in control. On the H1 chart, price is consolidating slightly between 101,000–102,000, but the larger structure still maintains bearish momentum. Technical Analysis Key resistance zones are 104,000 – 106,000 and 110,000 – 112,000. Major support zones are 100,000 – 99,000 and 96,000 – 95,000. Currently, the price is trading around 101,900, just above the demand zone. A short-term retracement or pullback may occur from this area, but unless the price closes above 104,000, a bullish reversal is not confirmed. Smart Money Concept (SMC) The current structure shows Equal Highs near 103,500–104,000 and a Weak Low around 100,000 – 99,000. The market may sweep liquidity below this weak low and then initiate a new bearish impulsive move, targeting 96,000 – 95,000. There is also a Fair Value Gap (FVG) in this region that could be filled before continuing downward. Fibonacci Analysis From the recent swing high at 104,000 to the swing low at 99,000, the 61.8% retracement zone lies between 102,800 – 103,000. This area aligns with a previous supply and liquidity pool, making it a strong sell zone for potential short entries. RSI The 1H RSI is currently around 54–56, indicating a neutral condition. If RSI moves above 60–65, it will enter a potential bearish entry signal zone. Unless strong bullish momentum develops, RSI is likely to turn downward again. Volume The current trading volume is relatively low, reflecting a consolidation phase. Typically, a rise in volume precedes major moves. If the 100,000 level breaks with increased volume, it will likely confirm a strong bearish impulsive move. Fundamental Analysis Recent developments such as Bitcoin ETF approvals and USD strength continue to influence market sentiment. As the US Dollar remains strong, Bitcoin faces ongoing downside pressure. Upcoming CPI and PPI data releases next week may create volatility and determine Bitcoin’s next direction. Trading Plan (90% Accuracy Zone) Sell Entry Zone: 102,800 – 103,000 Stop Loss: 104,200 Take Profit Targets: 100,000 → 97,000 → 95,000 However, if the price gives a daily close above 104,500, it may trigger a short-term bullish reversal, with the next upside targets at 107,000 – 110,000. Summary BTCUSD is currently following a bearish continuation structure. The price around 101,900 is near the demand zone, but a rejection from 103,000 would likely confirm a sell setup with targets at 100,000 and 95,000. Only a daily close above 104,500 would indicate a potential bullish change in market structure.