BTC/USD quotes are trading at 105329 and continue to move within a developing bullish correction and descending channel. Moving averages indicate a short-term bearish trend for Bitcoin. Prices are again testing the area between the signal lines, indicating pressure from sellers of “Digital Gold” and a potential continuation of the asset’s decline from current levels. As part of the cryptocurrency price forecast for tomorrow, November 11, 2025, we expect an attempt at a bullish correction in the digital asset’s price and a test of the resistance level near 106205. From there, we expect another downward rebound and an attempt at a continued decline in the Bitcoin price with a target below 92565.
Bitcoin Forecast and BTC/USD Analysis for November 11, 2025
An additional signal supporting a decline in BTC/USD quotes will be a test of the resistance line on the relative strength indicator. The second signal in favor of this scenario would be a rebound from the upper boundary of the bearish trend. A strong rise in the asset’s price and a breakout of the 111405 area would cancel out the downward trend in the coin’s exchange rate and Bitcoin’s price. This would indicate a breakout of the resistance area and continued growth in the Bitcoin price, with a potential target of 116505. A breakout of the support area and consolidation below 99605 would confirm the asset’s price decline.
Bitcoin Forecast and BTC/USD Analysis for November 11, 2025 suggests an attempt to test the resistance level near 106205. Subsequently, the cryptocurrency would continue to decline, with a potential target of 92565. A test of the resistance line on the relative strength indicator (RSI) would serve as an additional signal in favor of Bitcoin’s price decline. A breakout of the 111405 area would cancel out the digital currency’s downward trend. This would indicate continued growth with a potential target above 116505.
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