{"id":110501,"date":"2025-11-05T03:04:43","date_gmt":"2025-11-05T03:04:43","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=110501"},"modified":"2025-11-05T03:04:43","modified_gmt":"2025-11-05T03:04:43","slug":"bitcoin-slides-back-to-100k-is-the-parabolic-run-finally-cracking","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=110501","title":{"rendered":"Bitcoin Slides Back to $100K \u2014 Is the Parabolic Run Finally Cracking?"},"content":{"rendered":"

Bitcoin price is gaining bearish pace below $103,500. BTC could continue to move down if it stays below the $103,500 resistance.<\/em><\/p>\n

Bitcoin started a fresh decline below the $105,000 support.
\nThe price is trading below $104,000 and the 100 hourly Simple moving average.
\nThere is a bearish trend line forming with resistance at $103,500 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might continue to move down if it settles below the $100,000 zone.<\/p>\n

Bitcoin Price Dips Again<\/h2>\n

Bitcoin price failed to stay above the $105,500 support level and started a fresh decline<\/a>. BTC dipped below $104,000 and $103,500 to enter a bearish zone.<\/p>\n

The decline was such that the price even spiked below the $100,000 support. A low was formed at $98,900 and the price is now consolidating losses near the 23.6% Fib retracement level of the downward move from the $111,000 swing high to the $98,900 low.<\/p>\n

Bitcoin is now trading below $104,000 and the 100 hourly Simple moving average. If the bulls attempt a recovery<\/a> wave, the price could face resistance near the $102,000 level. The first key resistance is near the $103,500 level. There is also a bearish trend line forming with resistance at $103,500 on the hourly chart of the BTC\/USD pair.<\/p>\n

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

The next resistance could be $105,000 and the 50% Fib retracement level of the downward move from the $111,000 swing high to the $98,900 low. A close above the $105,000 resistance might send the price further higher. In the stated case, the price could rise and test the $106,400 resistance. Any more gains might send the price toward the $107,500 level. The next barrier for the bulls could be $108,500 and $108,800.<\/p>\n

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

If Bitcoin fails to rise above the $103,500 resistance zone, it could continue to move down. Immediate support is near the $100,200 level. The first major support is near the $100,000 level.<\/p>\n

The next support is now near the $98,800 zone. Any more losses might send the price toward the $96,200 support in the near term. The main support sits at $95,500, below which BTC might struggle to recover in the near term.<\/p>\n

Technical indicators:<\/p>\n

Hourly MACD \u2013 The MACD is now gaining pace in the bearish 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 $100,200, followed by $100,000.<\/p>\n

Major Resistance Levels \u2013 $103,500 and $105,000.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price is gaining bearish pace below $103,500. BTC could continue to move down if it stays below the $103,500 resistance. Bitcoin started a fresh decline below the $105,000 support. The price is trading below $104,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $103,500 on […]<\/p>\n","protected":false},"author":0,"featured_media":110502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-110501","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\/110501"}],"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=110501"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110501\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/110502"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}