{"id":103253,"date":"2025-10-09T02:14:04","date_gmt":"2025-10-09T02:14:04","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=103253"},"modified":"2025-10-09T02:14:04","modified_gmt":"2025-10-09T02:14:04","slug":"bitcoin-pauses-below-key-levels-can-it-regain-momentum-for-a-rally","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=103253","title":{"rendered":"Bitcoin Pauses Below Key Levels \u2013 Can It Regain Momentum For A Rally?"},"content":{"rendered":"

Bitcoin price corrected gains and traded below the $125,000 pivot level. BTC is now consolidating near $122,200 and might struggle to rally above $125,000s.<\/em><\/p>\n

Bitcoin started a downside correction below the $124,000 level.
\nThe price is trading below $123,500 and the 100 hourly Simple moving average.
\nThere is a bullish trend line forming with support at $122,200 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might continue to move down if it trades below the $122,000 zone.<\/p>\n

Bitcoin Price Dips Again<\/h2>\n

Bitcoin price extended gains<\/a> above the $125,000 zone. BTC climbed above the $125,250 and $125,500 resistance levels before the bears appeared.<\/p>\n

A new high was formed at $126,198 before there was a correction<\/a>. The price dipped below the $123,000 support zone and tested the $120,500 region. A low as formed at $120,694 and the price recently recovered above the 50% Fib retracement level of the recent decline from the $126,191 swing high to the $120,694 low.<\/p>\n

However, the bears are still active near $124,000. Bitcoin is now trading below $123,500 and the 100 hourly Simple moving average. Besides, there is a bullish trend line forming with support at $122,200 on the hourly chart of the BTC\/USD pair.<\/p>\n

Immediate resistance on the upside is near the $123,450 level. The first key resistance is near the $124,000 level and the 61.8% Fib retracement level of the recent decline from the $126,191 swing high to the $120,694 low.<\/p>\n

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

The next resistance could be $124,850. A close above the $124,850 resistance might send the price further higher. In the stated case, the price could rise and test the $125,500 resistance. Any more gains might send the price toward the $126,000 level. The next barrier for the bulls could be $126,200.<\/p>\n

More Losses In BTC?<\/h2>\n

If Bitcoin fails to rise above the $124,000 resistance zone, it could start a fresh decline. Immediate support is near the $122,000 level. The first major support is near the $121,200 level.<\/p>\n

The next support is now near the $120,500 zone. Any more losses might send the price toward the $118,500 support in the near term. The main support sits at $116,800, below which BTC might struggle to recover in the short term.<\/p>\n

Technical indicators:<\/p>\n

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

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

Major Support Levels \u2013 $122,000, followed by $121,200.<\/p>\n

Major Resistance Levels \u2013 $124,00 and $124,850.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price corrected gains and traded below the $125,000 pivot level. BTC is now consolidating near $122,200 and might struggle to rally above $125,000s. Bitcoin started a downside correction below the $124,000 level. The price is trading below $123,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support […]<\/p>\n","protected":false},"author":0,"featured_media":103254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-103253","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\/103253"}],"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=103253"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/103253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/103254"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=103253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=103253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=103253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}