Bitcoin faces strong resistance near $109K as momentum builds above $99K support Elevated open interest signals active leverage and sustained institutional confidence Spot outflows highlight investor caution, keeping BTC confined within tight range Bitcoin (BTC) price showed signs of recovery on November 12, 2025, as buying momentum returned above the $99,000 region. After finding strong support near $98,953, the asset pushed higher toward $105,399, testing a key Fibonacci retracement level. The rebound comes amid mixed signals from both technical indicators and market sentiment, leaving traders cautious about the next directional move. Key Resistance Cluster Near $109K The Bitcoin chart reveals a tightening range between $104,000 and $109,000. This compression reflects a market pause after weeks of high volatility. The 23.6% Fibonacci level at $105,399 is actin… Read The Full Article Bitcoin (BTC) Price Prediction for November 12, 2025: BTC Price Eyes Recovery as Bulls Target $110K Breakout On Coin Edition .
