Bitcoin BTC/USD is ending the trading week at 109747 and continues to move within a developing correction and bullish channel. Moving averages indicate an upward trend. Prices are again testing the area between the signal lines, indicating pressure from asset buyers and potential continued growth in BTCUSD. At this point, we should expect an attempt at a bearish correction in the coin’s price and a test of the support area near 102505. From there, we should expect another upward rebound and continued growth in the Bitcoin price, with a potential target above 135865.
Bitcoin Forecast BTC/USD November 3 – 7, 2025
An additional signal in favor of growth in BTC/USD quotes this trading week (November 3-7, 2025) will be a rebound from the lower boundary of the bullish channel. A second signal will be a rebound from the support line on the relative strength indicator (RSI). A decline and a breakout of the 92205 area will cancel out Bitcoin’s upward trend this trading week. This will indicate a breakout of the support area and a continued decline in BTC/USD quotes, with a potential target below 75605. A breakout of the resistance area and a close above 126505 will confirm the bullish trend, signaling a breakout of the upper boundary of the downward correction channel.
Bitcoin Forecast BTC/USD November 3 – 7, 2025 suggests an attempt to break the support area near 102505. Then, the cryptocurrency will continue to rise above 135865. An additional signal in favor of a Bitcoin price increase this week will be a test of the trend line on the relative strength indicator (RSI). A decline and a breakout of 92205 will cancel out the Bitcoin price growth scenario. In this case, a continued decline with a target of 75605 is expected.
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