Bitcoin Market Update and Setup Thursday 11/06/2025
- Nov 6, 2025
- 2 min read
Both Bitcoin and BTC Dominance (BTC.D) are trading indecisively at the moment.
BTC.D needs to weaken and move toward the 59.00% support zone to allow altcoins to stabilize and recover. However, this process may take time given the current market sentiment.
Bitcoin’s daily candle close will be critical. A bearish move toward the $100,000 support area could trigger further downside and a possible deviation below that level. Conversely, a bullish daily close could set the stage for a recovery toward $110,500 or higher.
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