Bitcoin Faces Critical Test as Key Technical Pattern Emerges

Market sentiment across the cryptocurrency sector is growing increasingly tense. Bitcoin encountered significant resistance at the $107,000 threshold on November 11, 2025, failing to maintain momentum above this crucial level. The underlying concern stems from a developing chart formation that traders recognize as the ominous “Death Cross”—a pattern historically associated with bearish momentum. Compounding these technical worries, the Fear & Greed Index has declined to 29, indicating a market dominated by apprehension. The central question facing investors is whether this represents a prelude to another significant downturn or merely a consolidation phase before Bitcoin’s traditional year-end surge.

On-chain analytics reveal a notable divergence in investor behavior during this period of price uncertainty. Read more...