The post Bitcoin Struggles at $100K, Is a Crash to New Lows Coming? appeared on BitcoinEthereumNews.com.

Key Insights: Bitcoin is clinging to $100K as technicals point lower and demand from U.S. buyers remains weak. Price must close above $106K to recover; failure could bring sharp declines to $93K or lower. On-chain losses near -12% mark past bottom zones, but no clear bounce signal has formed yet. Bitcoin Struggles at $100K, Is a Crash to New Lows Coming? Bitcoin was trading around $100,689, after falling over 2% in the past 24 hours and down more than 8% this week. The $100,000 level is proving to be an important short-term support, but the overall trend remains weak. The price dropped from the $106,000–$108,000 range after multiple failed attempts to break higher. Charts now show this area acting as resistance. As long as Bitcoin trades below that zone, the pressure stays on the downside. According to market watcher Ted, “Until BTC closes a strong daily candle above the $106,000 level, expect new lows.” If current support breaks, lower levels like $99,000, $96,000, $93,000, and $88,000 may come into focus. $BTC is holding above the $100,000 level for now. The Coinbase Bitcoin premium is still deeply negative, which shows a lack of demand. Until BTC closes a strong daily candle above the $106,000 level, expect new lows. pic.twitter.com/7KKAi3AHYO — Ted (@TedPillows) November 7, 2025 Coinbase Premium Points to Low Spot Demand The Coinbase premium, which compares prices on Coinbase with global exchanges, remains negative. This shows that U.S.-based traders are not buying heavily on spot markets. Ted also noted, “The Coinbase Bitcoin premium is still deeply negative, which shows a lack of demand.” With no clear buying interest, especially from large players, the price may remain under pressure. This gap often grows wider during weak market conditions. Without demand returning, sellers could take control again if the $100,000 floor gives…

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Filed under: News - @ November 7, 2025 11:27 am