Weekly Trading Analysis: A Detailed Breakdown of Market MomentumBTC 10th November – 16th November 2025
Bitcoin extended its downtrend this week, falling deeper below the $100K psychological level and closing around $95.8K after persistent selling pressure dominated across the board. The broader market sentiment remained risk-off following last week’s hot U.S. inflation data, and continued strength in the U.S. dollar further weighed on crypto valuations.
Despite Friday’s modest rebound, this was one of Bitcoin’s weakest weeks in recent months — with the asset losing roughly 10% from its early November highs. Traders continue to monitor key support zones as global macro conditions remain uncertain ahead of critical employment and wage data later this month.
Hourly Analysis
On the 1-hour chart, BTC opened the week under sustained pressure, repeatedly rejecting near the 50 EMA and 200 EMA. The structure maintained a clear series of lower highs and lower lows, confirming short-term bearish momentum.
Midweek saw a sharp flush below $94K, driven by increased selling volume, before a minor recovery pushed prices back toward $96K. The rebound coincided with short-term RSI divergence, suggesting seller exhaustion — but the bounce was limited by the 200 EMA, which remains a strong dynamic resistance line.
Trading volume surged during the midweek drop but tapered off during recovery attempts, indicating that buyers have yet to regain conviction. For now, the short-term bias remains neutral to bearish unless BTC can reclaim the $98K–$99K zone with strong volume confirmation.
Daily Analysis
The daily timeframe highlights a clear breakdown from the recent consolidation range. After struggling to hold above the 200 EMA, BTC slipped decisively lower, forming a steep downward channel. Each successive daily candle printed lower highs, reinforcing the bearish tone.
Selling pressure intensified as volume spiked, a signal of distribution rather than accumulation. The current candle structure suggests that buyers are attempting to stabilize price near the $94K–$95K support zone, which aligns with prior demand levels from early Q2.
Should Bitcoin fail to hold this region, the next significant support lies around $90K–$91K. On the flip side, a daily close above $98K would be the first technical signal hinting at a possible relief rally heading into late November.
Summary & Upcoming Events
Looking ahead, traders should prepare for increased volatility as several high-impact red events dominate the macro calendar. These releases will likely drive directional movement not just in traditional markets but also in crypto:
Friday, Nov 21 – US Average Hourly Earnings m/m: A key inflation indicator. Strong wage growth could renew fears of persistent inflation, pressuring BTC further.
Friday, Nov 21 – US Non-Farm Employment Change: Labor strength will influence expectations for future Federal Reserve decisions. A hot print could strengthen the dollar and weaken Bitcoin.
Friday, Nov 21 – US Unemployment Rate: If unemployment remains low, it may reinforce a “higher-for-longer” policy narrative from the Fed.
Thursday, Nov 20 – FOMC Meeting Minutes: Markets will dissect the tone for any signs of policy shifts or inflationary concern. Hawkish language could cap risk appetite into month-end.
In summary, the current BTC structure suggests cautious stabilization after a steep decline. However, macroeconomic headwinds persist — and traders should be prepared for volatility spikes surrounding Friday’s employment data. A sustained recovery remains unlikely unless Bitcoin reclaims $98K with conviction.
Credit: Crypto Craft
