Bitcoin Price Dips 0.9% as Heavy Volume Breakdown Tests Key Support

Bitcoin Price Dips 0.9% as Heavy Volume Breakdown Tests Key Support

Source: CoinDesk

Published:03:19 UTC

BTC Price:$101723

#BTC #Crypto #MarketAnalysis

Analysis

Price Impact

Med

Bitcoin experienced a 0.9% dip from session peaks with heavy selling volume, testing key support levels. while technically bearish in the short-term, robust institutional etf inflows (over $524 million) and strong mining fundamentals provided a significant floor, preventing a larger collapse.

Trustworthiness

High

The analysis is from coindesk, a reputable source, providing detailed technical analysis, on-chain metrics (exchange inflows, short-term holder behavior), and institutional flow data for a comprehensive perspective.

Price Direction

Neutral

Btc carved out a bearish structure with consecutive lower highs after touching $105,300, but found stability within the $101,500-$102,200 range, successfully defending the $102,000 psychological barrier. strong institutional demand and positive hash rate momentum indicate underlying strength despite short-term selling pressure, suggesting range-bound action.

Time Effect

Short

The immediate impact of the heavy volume breakdown and subsequent price stabilization is short-term, influencing the immediate trading range and technical levels. while institutional demand can have a long-term effect, this specific dip and recovery are focused on daily and hourly movements.

Original Article:

Article Content:

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin Price Dips 0.9% as Heavy Volume Breakdown Tests Key Support BTC pulls back from session peaks above $105,300 with exceptional selling pressure before finding footing near $102,000 psychological threshold. By CD Analytics , Siamak Masnavi Nov 13, 2025, 3:19 a.m. BTC-USD One-Month Price Chart (CoinDesk Data) What to know : BTC dropped from $103,177 to $102,203, wiping out gains after touching $105,342 session peak. Trading volume spiked 138% above 24-hour average during decisive midday Tuesday breakdown. Price found stability in $101,500-$102,200 band during final eight hours as activity cooled. According to CoinDesk Research's technical analysis data model, bitcoin BTC $ 102,057.17 retreated in measured fashion during Tuesday's trading session, sliding from $103,177 to $102,203 while carving out clear bearish structure after probing session highs above $105,300. The world's most valuable cryptocurrency moved within a hefty $3,289 range, with the critical breakdown materializing at 2:00 PM on massive volume of 27,579 BTC —138% above the 24-hour moving average. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Trading opened with BTC challenging resistance near $105,050 before momentum shifted decisively lower through 4:00 PM UTC on Nov. 12 as consecutive lower highs emerged. Price action steadied during the final eight hours within a tight $101,500-$102,200 consolidation band as selling pressure eased on shrinking volume. Recent hourly data shows choppy action between $101,940-$102,475, marking a modest bounce from session lows on declining turnover averaging just 165 BTC versus the 24-hour mean above 400. Price posted multiple failed breakout attempts above $102,400 resistance with repeated rejections, while buyers stepped in to defend the $102,000 psychological barrier across three separate tests. Technical retracement versus institutional demand The cryptocurrency's pullback coincided with robust institutional flows, as spot bitcoin ETFs posted $524 million in net inflows Tuesday — the largest daily total since Oct. 7. BlackRock's iShares Bitcoin Trust captured $224.2 million while Fidelity's FBTC drew $165.8 million, signaling sustained institutional appetite despite technical weakness. On-chain metrics reveal distribution pressures beneath surface stability. Exchange inflow data shows roughly 7,500 BTC moving to Binance daily on a 30-day basis —the highest rate since March — pointing to ongoing profit-taking activity. Short-term holders with cost basis near $112,000 drive significant selling pressure, having remained underwater for approximately one month. Mining fundamentals offer support against distribution concerns, with hash rate momentum scores holding positive territory and trending higher. This indicates continued network strength and miner confidence, contrasting with typical capitulation patterns that accompany major corrections. Key technical levels signal range-bound action for BTC Support/Resistance: Primary support holds at $102,000 psychological level with initial backstop around $101,450; resistance confirmed near $105,050 with secondary barrier at $107,000 Volume Analysis: Exceptional selling volume of 27,579 BTC during breakdown phase, declining to 165 BTC average during recent consolidation period Chart Patterns: Bearish structure established with consecutive lower highs through 4:00 PM, followed by stabilization within $101,500-$102,200 trading range Targets & Risk/Reward: Break below $102,000 targets $100,600-$101,200 zone; recapture of $105,050 opens pathway toward $107,400 resistance level Disclaimer : Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. AI Market Insights Technical Analysis Bitcoin More For You OwlTing: Stablecoin Infrastructure for the Future By CoinDesk Research Oct 16, 2025 Commissioned by OwlTing Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent. View Full Report More For You Polymarket's Shayne Coplan: Blockchain Let Him Build a Global Force From His Bedroom By Helene Braun , AI Boost | Edited by Stephen Alpher 6 hours ago The founder of the prediction marketplace spoke at Cantor Fitzgerald’s crypto, AI and blockchain conference in Miami. What to know : Polymarket founder Shayne Coplan said he launched the platform alone and with little money, using blockchain to build a global market from his bedroom. He argued that prediction markets offer better information than polls or sportsbooks by pricing real-world outcomes through peer-to-peer trading. 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