Bitcoin H1: The Price Action Forecast for the Asian Session at 3.11.2025

During the previous trading session, the price of Bitcoin decreased, moving in the main trend direction on the higher time-frame.
The support and resistance levels:
The current support level is in the area of the 109678.94 mark.
This level was formed by the Hammer pattern, also known as the Pin Bar pattern. This pattern is represented with a single Japanese candlestick which is composed of a small real body and a long lower shadow.
The current resistance level is at the 111201.56 mark.
This level was formed by the Dark Cloud Cover pattern. The pattern consists of two candles: the first candle is long and white, and the second is black. The second one opens with a gap up and closes below the middle of the real body of the first candle.
Trading recommendations:
Despite the downward dynamics prevail on a higher time-frame, the long position should be prioritized intraday. The latest signal on the chart indicates the prevalence of the upward movement intraday.