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Bitcoin Market Update 9 Nov

  • bitcoinastro369
  • Jun 29
  • 2 min read

9 November 2025

We’re now entering the critical mid-November window I’ve been highlighting since last month. Here’s what’s unfolded so far and what may lie ahead:

 From Pivot to Breakdown

  • 3 Nov – My first pivot for the month, and once again, the market respected it.This marked the start of the sell-off in crypto.BTC broke below key support at 106–108k, an area I’ve said many times is crucial for trend continuation.

  • 5 Nov – We bottomed at ~98,900Since then, we’ve started forming a short-term base between 100–104k, which may act as future support — at least temporarily.

🔄 9 Nov – Mercury Retrograde Begins + Pivot Date

Today is 9th Nov, Mercury turns retrograde, and it’s also my next forecasted pivot date.

  • We printed a higher high today, and that’s a key sign.

  • As I said in the November forecast, it’s important to watch what happens between the 9–12th.

❗ If price continues climbing into the 12th, especially toward 108–110k, that will likely be a setup for reversal back down into the 17–20 Nov window — one of the most important time resistances of the entire month.

 Price Levels to Watch

  • 108k–110k = Previous support → likely retest as resistanceThis area was tested multiple times before finally breaking.Unless BTC breaks and holds above this, we remain in a bearish structure.

  • 114–116k = Structure Break LevelUntil we break this zone with conviction, bullish sentiment is premature.Right now, I see many traders flipping bullish too early, but the chart and cycles don’t support it yet.

 Directional Scenarios

If price reaches 108–110k by the 12th, expect:

  • A likely sell-off into 17–20 Nov

  • A possible double bottom or even a break to 96k

This aligns with Mercury retro, time resistance, and cycle structure.

 17–20 Nov remains key.

 ETH Outlook

Ethereum is tracking Bitcoin closely.

  • ETH is likely to retest 3800–3950 soon

  • That zone should act as resistance

  • If another wave of selling hits into 17–20 Nov, ETH could drop as low as 2800

 Final Thoughts

We’re in a complex part of the cycle. The trend is down until proven otherwise.We need a confirmed breakout above 114–116k to flip the structure.

Until then:

  • Respect resistance

  • Use time & price confluence

  • Watch for emotional overconfidence in the market — it’s usually a trap

More updates coming soon as we get closer to the 17–20 window.

Stay sharp,Bitcoin Astro

 
 
 

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