Bitcoin News Today: Bulls and Bears Battle at Bitcoin's $100k–$108k Crossroads

Bitcoin traders are cautiously eyeing the $90,000 and $100,000 price levels as the cryptocurrency consolidates near $105,000, with mixed signals from institutional and retail demand shaping the near-term outlook. After a volatile November, Bitcoin (BTC) remains in a critical phase, balancing between stabilizing support zones and key resistance levels that could determine the direction of its mid-term trend.

Recent data highlights a modest shift in institutional sentiment, with $1.15 million in inflows recorded for U.S.-listed spot Bitcoin ETFs on Monday, ending a week of $1.22 billion in outflows. This reversal, though limited, aligns with broader stabilization efforts observed by on-chain analytics firm Glassnode, which noted Bitcoin's price action forming a potential local bottom around $100,000. Meanwhile, spot trading volume surged to $14.1 billion on Monday from $11.5 billion the prior week, signaling renewed liquidity and buyer participation.

Technical indicators paint a cautiously optimistic picture. Bitcoin's price has held above the 50% Fibonacci retracement level at $100,353, drawn from its April low to October high, and tested key resistance at $106,453 (38.2% Fibonacci level). However, bulls face an uphill battle to break above $106,500, which would validate a short-term bullish case toward $110,000. On the daily chart, BTC remains in a tight range between $103,000 and $112,000, with a failure to hold above $103,000 potentially triggering a deeper correction toward $99,000. The Relative Strength Index (RSI) at 44 suggests easing bullish momentum, while the Moving Average Convergence Divergence (MACD) hints at a potential buy signal if the blue line crosses above the red as reported by FXStreet.

Retail traders have played a notable role in recent price action, with Bitcoin briefly rising to a weekly high of $107,450 amid a two-day uptrend. However, the broader market remains cautious, with 72% of BTC supply still in profit at $100,000-a-sign of mid-cycle consolidation rather than a bearish reversal, according to Bitfinex analysts. Historical patterns reinforce this view, as similar corrections in June 2024 and February 2025 preceded recoveries.

The macroeconomic landscape adds complexity. The recent U.S. government shutdown, which ended on November 13, temporarily froze regulatory approvals and created uncertainty in crypto markets. Analysts at Delta Exchange noted that the reopening of agencies like the SEC and CFTC could revive stalled ETF applications and regulatory clarity, potentially boosting long-term demand. Meanwhile, the Federal Reserve's dovish stance ahead of its December meeting may weaken the dollar, indirectly supporting risk assets like Bitcoin.

For now, traders are prioritizing caution. A sustained close above $106,500 could reignite bullish momentum, while a breakdown below $100,700 would likely confirm a deeper pullback toward $90,000. On-chain metrics, including short-term holder SOPR (Sales Over Purchase Ratio) trading below 1, indicate weak conviction among recent buyers, with many selling at a loss. This dynamic suggests further volatility ahead as market participants test the resilience of key support levels.

As the debate between bulls and bears intensifies, one thing remains clear: Bitcoin's next move will hinge on whether institutional inflows and retail demand align to break the current range. For now, the $100,000–$108,000 corridor serves as a critical battleground, with outcomes likely to shape the cryptocurrency's trajectory into 2026.