Bitcoin Short Term: rebound in sight
Nov 3, 2025 7:47 AM
long positions above 106130 with targets at 125960 & 131640 in extension.
Pivot: 106130
Our preference:
long positions above 106130 with targets at 125960 & 131640 in extension.
Alternative scenario:
below 106130 look for further downside with 96680 & 91050 as targets.
Comment:
a support base at 106130 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
137320
131640
125960
107620 Last
106130
96680
91050
Our preference:
long positions above 106130 with targets at 125960 & 131640 in extension.
Alternative scenario:
below 106130 look for further downside with 96680 & 91050 as targets.
Comment:
a support base at 106130 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
137320
131640
125960
107620 Last
106130
96680
91050
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