BTC Technical Analysis Report 5 November, 2025

Given the improving sentiment viewn across the cryptocurrency today, BTC can be expected to rise further to the next resistance level 105000.00 (former support from the begin of October).

• BTC reversed from support area
• Likely to rise to resistance level 105000.00

BTC cryptocurrency recently reversed up from the support area between the major round support level 100000.00, which has been reversing BTC from June, as can be viewn from the daily BTC chart below), the 40% Fibonacci correction of the upward impulse from the begin of April and the lower daily Bollinger Band. The upward reversal from this support area stopped the previous minor impulse wave C, which belongs to the medium-term ABC correction (4) from April from the middle of August.

Given the long-term daily uptrend, still oversold daily Stochastic and the improving sentiment viewn across the cryptocurrency today, BTC can be expected to rise further to the next resistance level 105000.00 (former support from the begin of October).

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