Technical analysis by Kyle_Jokinjef about Symbol BTC: Sell recommendation (11/7/2025)

Currently, the short-term outlook for BTC is bearish. The $98,300 level is a key support level. If this support holds, the price of Bitcoin may stabilize or rebound from here. However, if it breaks below this support level, the price could fall further, potentially even to $96,400-$94,300, depending on the extent of the deterioration in market conditions. Short-term selling pressure is in the $101,500-$102,400 area. Significant resistance is at $103,700. Wishing all traders the best of luck.