Bitcoin Slips Below $110K as Weekend Rally Fades Amid Market Uncertainty
Bitcoin (BTC) entered November with a decline, retreating to around $107,000 after erasing gains made over the weekend. The cryptocurrency faces renewed selling pressure as traders prepare for potential support tests in the near term. After a strong rally in October that saw Bitcoin reach all-time highs above $126,000, the asset has struggled to sustain momentum. The recent downturn has prompted caution among market participants, with some analysts suggesting that BTC could be range-bound for the foreseeable future. Key support levels under scrutiny Traders have identified critical support zones near the $101,000 to $106,000 range, where the 50-week exponential moving












