Bitcoin is currently testing a resistance level referred to as Level 2 by trader Doctor Profit. He suggests that if Bitcoin can close above this level on a daily basis, it may indicate that the market has absorbed the panic selling caused by the Binance hack. This would imply that the selling phase is ending and buyers are starting to regain control. This analysis differs from Doctor Profit's earlier focus on Bitcoin's 50-day moving average as a support level.
Bitcoin is trading at Rp1.460.602.582 on Pluang as of Nov 05, 2026 06:01 WIB, showing a 3.27% gain in the last day. The platform's order activity favors buyers at 69%, indicating strong buying interest as the market tests key resistance levels. This aligns with the story's focus on Bitcoin potentially overcoming selling pressure and moving into a buying phase.
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