{"id":107911,"date":"2025-10-27T02:49:40","date_gmt":"2025-10-27T02:49:40","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=107911"},"modified":"2025-10-27T02:49:40","modified_gmt":"2025-10-27T02:49:40","slug":"bitcoin-accelerates-higher-as-bulls-target-break-above-115500-resistance","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=107911","title":{"rendered":"Bitcoin Accelerates Higher As Bulls Target Break Above $115,500 Resistance"},"content":{"rendered":"

Bitcoin price is attempting to recover above $113,500. BTC could rise further if there is a clear move above the $115,500 resistance.<\/em><\/p>\n

Bitcoin started a fresh recovery wave above the $113,500 resistance level.
\nThe price is trading above $114,000 and the 100 hourly Simple moving average.
\nThere is a bullish trend line forming with support at $113,350 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might continue to move up if it trades above the $115,500 zone.<\/p>\n

Bitcoin Price Starts Fresh Increase<\/h2>\n

Bitcoin price declined again<\/a> below the $108,000 level. BTC tested the $106,720 zone and recently started a fresh increase. There was a move above the $112,000 resistance level.<\/p>\n

The bulls were able to pump the price above $113,500 and the 100 hourly Simple moving average<\/a>. Finally, the price spiked above $115,000 and is currently consolidating gains above the 23.6% Fib retracement level of the recent wave from the $106,718 swing low to the $115,400 high.<\/p>\n

Besides, there is a bullish trend line forming with support at $113,350 on the hourly chart of the BTC\/USD pair. Bitcoin is now trading above $114,000 and the 100 hourly Simple moving average.<\/p>\n

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

Immediate resistance on the upside is near the $115,250 level. The first key resistance is near the $115,500 level. The next resistance could be $116,200. A close above the $116,200 resistance might send the price further higher. In the stated case, the price could rise and test the $117,000 resistance. Any more gains might send the price toward the $118,000 level. The next barrier for the bulls could be $118,800.<\/p>\n

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

If Bitcoin fails to rise above the $115,500 resistance zone, it could start a fresh decline. Immediate support is near the $114,000 level. The first major support is near the $113,500 level or the trend line.<\/p>\n

The next support is now near the $111,000 zone. Any more losses might send the price toward the $110,500 support in the near term. The main support sits at $108,500, 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 $114,000, followed by $113,500.<\/p>\n

Major Resistance Levels \u2013 $115,500 and $116,500.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price is attempting to recover above $113,500. BTC could rise further if there is a clear move above the $115,500 resistance. Bitcoin started a fresh recovery wave above the $113,500 resistance level. The price is trading above $114,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support […]<\/p>\n","protected":false},"author":0,"featured_media":107912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-107911","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\/107911"}],"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=107911"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/107912"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=107911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=107911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=107911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}