{"id":101083,"date":"2025-10-01T01:41:47","date_gmt":"2025-10-01T01:41:47","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=101083"},"modified":"2025-10-01T01:41:47","modified_gmt":"2025-10-01T01:41:47","slug":"bitcoin-price-targets-upside-breakout-can-bulls-push-price-beyond-key-levels","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=101083","title":{"rendered":"Bitcoin Price Targets Upside Breakout \u2013 Can Bulls Push Price Beyond Key Levels?"},"content":{"rendered":"

Bitcoin price started a recovery wave and traded above $114,200. BTC is now consolidating gains and facing hurdles near $114,750.<\/em><\/p>\n

Bitcoin started a fresh recovery wave above the $114,000 zone.
\nThe price is trading above $114,000 and the 100 hourly Simple moving average.
\nThere is a short-term bullish trend line forming with support at $113,300 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might continue to move up if it clears the $114,750 zone.<\/p>\n

Bitcoin Price Eyes Upside Break<\/h2>\n

Bitcoin price managed to stay above the $112,000 zone and started a recovery wave<\/a>. BTC settled above the $113,200 resistance zone to start the current move.<\/p>\n

The bulls were able to pump the price above the $114,000 and $114,200 levels. The bulls even cleared the $114,500 level. A high was formed at $114,770 and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $108,677 swing low to the $114,771 high.<\/p>\n

Bitcoin is now trading above $114,200 and the 100 hourly Simple moving average<\/a>. Besides, there is a short-term bullish trend line forming with support at $113,300 on the hourly chart of the BTC\/USD pair.<\/p>\n

<\/a><\/p>\n

Immediate resistance on the upside is near the $114,750 level. The first key resistance is near the $115,000 level. The next resistance could be $115,500. A close above the $115,500 resistance might send the price further higher. In the stated case, the price could rise and test the $116,500 resistance. Any more gains might send the price toward the $117,500 level. The next barrier for the bulls could be $118,00.<\/p>\n

Another Drop In BTC?<\/h2>\n

If Bitcoin fails to rise above the $114,750 resistance zone, it could start a fresh decline. Immediate support is near the $113,300 level and the trend line. The first major support is near the $112,200 level.<\/p>\n

The next support is now near the $111,750 zone. Any more losses might send the price toward the $111,000 support in the near term. The main support sits at $110,500, below which BTC might struggle to recover in the short term.<\/p>\n

Technical indicators:<\/p>\n

Hourly MACD \u2013 The MACD is now gaining pace in the bullish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $113,300, followed by $112,200.<\/p>\n

Major Resistance Levels \u2013 $114,750 and $115,000.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a recovery wave and traded above $114,200. BTC is now consolidating gains and facing hurdles near $114,750. Bitcoin started a fresh recovery wave above the $114,000 zone. The price is trading above $114,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with support at $113,300 […]<\/p>\n","protected":false},"author":0,"featured_media":101084,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-101083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/101083"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=101083"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/101083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/101084"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=101083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=101083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=101083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}