The post Bitcoin Price Prediction. Sellers Defend EMA Cluster As Fed Divide Keeps Bulls On Edge appeared on BitcoinEthereumNews.com.

Bitcoin price today trades near $104,100, struggling below the short-term EMA cluster amid weak recovery attempts. Spot outflows of $56.25 million signal mild distribution, while open interest rose 0.52 percent as futures volume dropped. Fed’s divided stance on a December rate cut keeps risk sentiment fragile, with key support seen at $102,900–$100,000. Bitcoin price today trades near $104,100, struggling to regain momentum after repeated rejections from the short-term EMA cluster and the mid-range Fibonacci zone. Despite a mild recovery, technical and flow data point to lingering bearish pressure as uncertainty over a potential December Federal Reserve rate cut keeps risk sentiment fragile. Spot Outflows Confirm Weak Risk Appetite BTC Netflows (Source: Coinglass) Data from Coinglass shows $56.25 million in net inflows to exchanges on November 12, suggesting mild distribution as traders moved Bitcoin back into circulation rather than accumulation. This continues a broader trend of net outflows alternating with small inflows over recent weeks, indicating that market conviction remains weak. Open Interest Rises As Futures Volume Drops BTC Derivative Analysis (Source: Coinglass) Derivatives data highlights a subtle but meaningful shift in trader behavior. Total open interest rose 0.52% to $68.2 billion, while futures trading volume dropped 12.25% to $93.95 billion. This divergence suggests new positions are being opened with lower conviction, possibly representing defensive hedges rather than outright longs. The long/short ratio across major exchanges like Binance and OKX remains above 2.3, showing a continued bullish skew. However, with over $108 million in 24-hour liquidations—most of them long positions—the leverage buildup remains a vulnerability if price slips below short-term support. If this imbalance persists, another wave of forced liquidations could accelerate downside momentum toward the next visible demand zone. Bitcoin Faces EMA Rejection And Channel Resistance BTC Price Action (Source: TradingView) On the 4-hour chart, Bitcoin remains trapped inside a…

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Filed under: News - @ November 12, 2025 10:28 am