Bitcoin’s $105K Wall of Shame: Is This the End? 💸🔥

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Key points:

  • Bitcoin’s trying to climb a mountain made of sell orders, and it’s not even halfway up. 🧱💸

  • Traders are warning of another dip, because nothing says “excitement” like a potential crash. 🤡

  • The Supreme Court is about to give trade tariffs a reality check, and everyone’s holding their breath. 🧘‍♀️

Bitcoin (BTC) kept traders nervous Thursday as sellers lay in wait at $105,000. 🧠💥

BTC price faces new liquidity games

Data from CryptoMoon Markets Pro and TradingView showed the BTC price rebound flagging after the daily open. 📉

Bulls faced an uphill struggle throughout Wednesday’s Wall Street trading session, and exchange order-book data confirmed a wall of asks positioned directly above price. 🐂🪓

“Pretty clear price has been capped with the cluster of asks (sell orders) above $105K,” trader Skew commented, calling the situation “not surprising.” 🤷‍♂️

Skew warned that there were signs of sell-side pressure increasing as price attempted a comeback. 🚨

“Often this tactic is used to drive price lower during Asia hours,” he added about the $105,000 asks. 🌅

Trading resource Material Indicators raised the stakes, arguing that it was “interesting” that the ask liquidity had not already caused a new market flush. 🧪

The owner of the positions, it suggested, “could be trying to suppress price down to the $98k – $93k range.” 🧨

“If price hits $105k, I’d expect part if not all of those asks to get pulled,” an X post forecast. 🧙‍♂️

“Before you panic sell, remember we have a bounce from the 50 Week SMA which, if it holds, has macro bullish implications.” 🚀

Commentator Exitpump called the ask wall “insane” and likewise implied that the liquidity may not be genuine. 🤯

$BTC What the hell is going on in orderbook on binance spot, insane amount of asks were added above price, can be spoof orders.

– exitpump (@exitpumpBTC) November 5, 2025

Tariff buzz puts traders on notice

Bitcoin OG Kyle Chasse meanwhile saw the potential for another BTC price dip thanks to bid liquidity building below price. 📈📉

“Confidence could get wiped in a heartbeat,” he told X followers on the day alongside data from monitoring resource CoinGlass. 🧪

With US stocks cooling their ascent to new all-time highs, the potential for the Supreme Court to strike down blanket international trade tariffs was of key importance. 🏛️

Rumors began circulating that such a scenario would give equities across the board a major boost. 🚀

Prediction markets had little faith in tariffs remaining after mainstream media reports that judges were “skeptical” of their legality. 🧠

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2025-11-06 11:35