Bitcoin Price Rebounds to $102,000 — Key Indicators Signal Entry into “Opportunity Zones”

Jakarta, Pintu News – Bitcoin (BTC) has continued to decline this week, with the value of the leading cryptocurrency losing more than 8% in the last 48 hours. This decline confirms a bearish pattern that could lead to further losses if the selling pressure continues.

However, the end result will depend on how investors react as Bitcoin moves around important psychological levels. So, how will Bitcoin price move today?

Bitcoin Price Rises 1.36% in 24 Hours

As of November 6, 2025, Bitcoin was priced at $102,967, equivalent to IDR 1,723,861,985 — marking a 1.36% increase over the past 24 hours. During this period, BTC hit a low of IDR 1,700,681,523 and reached a high of IDR 1,751,313,560.

At the time of writing, Bitcoin’s market capitalization is approximately IDR 34,372 trillion, while its 24-hour trading volume has dropped 38% to IDR 1,236 trillion.

Read also: Could Cardano Break $3? Crypto Analyst Unveils PO3 Pattern Suggesting a Major Rally

Bitcoin Holders Have an Opportunity

The current market sentiment towards Bitcoin is increasingly negative. On-chain data shows that the total transaction volume in losses has surged to a nine-month high. More than 235,850 BTC, valued at around $24 billion, has been moved at a loss in the past 24 hours, reflecting widespread panic selling among investors.

This large movement of Bitcoin being sold at a loss indicates reduced investor confidence and increased fear in the market. If this behavior continues, Bitcoin’s decline could accelerate, destroying capital and triggering deeper losses in the crypto market as a whole.

From a macro perspective, Bitcoin’s MVRV Ratio-an important indicator for measuring profitability-has fallen into the “opportunity zone” for the first time since March. This ratio, which currently sits between 6% to 17%, usually indicates a market bottom, suggesting that selling activity has reached saturation levels.

This development could be a turning point if market participants start to see Bitcoin’s current price as a value buying opportunity. However, broader macroeconomic sentiment and investor behavior in the next few days will be crucial to determining whether BTC will stabilize or continue its decline.

Read also: Altcoins are Falling! Could November be the turning point?

BTC Price Holds Up

Bitcoin was trading at $101,729 on November 5, just above the critical support level of $100,000. Earlier, BTC briefly dipped below this level, recording an intraday low of $98,966 before rebounding slightly.

The latest 8% drop has confirmed the head-and-shoulders pattern, which forecasts a potential 13.6% drop towards the target at $89,948. However, if investors start buying at lower levels, Bitcoin could rebound from $100,000 and retest $105,000 or higher.

Conversely, continued selling pressure and weak market conditions could see BTC drop back below $100,000. If Bitcoin falls below $98,000, it could trigger further losses towards $95,000 or lower, which would undermine hopes of a near-term recovery.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Bitcoin Price Dips as Losses Climb.  Accessed on November 6, 2025