Technical analysis by EkyFabyanto about Symbol BTC on 11/7/2025

Everyone says the crypto market is already in a bearish season, but I have a different scenario Yes in the past few weeks BTCUSDT has dropped significantly, around -21% from its peak at $126,195. However, I see that on the weekly chart, the price is still holding above $100,731 and $98,185. As long as the weekly candle doesn’t close below $102,329, there’s still a chance for BTCUSDT to continue its bullish move. Now, let’s zoom in to the hourly chart to find potential areas for a price rebound. On the hourly timeframe, there was a break below $100,288, with the next downside target around $99,548 – $98,961. But if we look closely, the drop that happened on November 6th, 2026, at 02:00 AM (GMT+7) wasn’t as aggressive as the previous one. It seems that the seller’s momentum has started to fade since that period, which could indicate a shift from sellers to buyers. Since the selling pressure is weakening, my scenario is that the decline in BTCUSDT will likely stop around $99,548 – $98,961, and from there, a significant rebound may follow. That’s my view on BTCUSDT , what’s yours?