{"id":112328,"date":"2025-11-12T02:20:53","date_gmt":"2025-11-12T02:20:53","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=112328"},"modified":"2025-11-12T02:20:53","modified_gmt":"2025-11-12T02:20:53","slug":"bitcoin-recovery-falters-weak-volume-signals-possible-exhaustion-of-buyers","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=112328","title":{"rendered":"Bitcoin Recovery Falters \u2014 Weak Volume Signals Possible Exhaustion of Buyers"},"content":{"rendered":"

Bitcoin price failed to recover above $107,000. BTC is trimming gains and might could continue to move down if it trades below $102,500.<\/em><\/p>\n

Bitcoin started a fresh decline after it failed to clear $107,000.
\nThe price is trading below $105,500 and the 100 hourly Simple moving average.
\nThere was a break below a bullish trend line with support at $104,200 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 $102,500 zone.<\/p>\n

Bitcoin Price Trims Gains<\/h2>\n

Bitcoin price started a recovery wave<\/a> above $105,000. BTC recovered above the $105,500 and $106,000 resistance levels. However, the bears remained active near the $107,000 zone.<\/p>\n

A high was formed at $107,400 and the price started a fresh decline. There was a drop below the $105,500 and $105,000 levels. The price dipped below the 50% Fib retracement level of the upward move from the $99,222 swing low to the $107,400 high.<\/p>\n

Besides, there was a break below a bullish trend line with support at $104,200 on the hourly chart of the BTC\/USD pair. Bitcoin is now trading below $105,000 and the 100 hourly Simple moving average<\/a>.<\/p>\n

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

If the bulls attempt another recovery wave, the price could face resistance near the $104,000 level. The first key resistance is near the $104,750 level. The next resistance could be $105,500. A close above the $105,500 resistance might send the price further higher. In the stated case, the price could rise and test the $107,000 resistance. Any more gains might send the price toward the $107,500 level. The next barrier for the bulls could be $108,800 and $109,500.<\/p>\n

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

If Bitcoin fails to rise above the $105,000 resistance zone, it could start another decline. Immediate support is near the $102,800 level. The first major support is near the $102,400 level and the 61.8% Fib retracement level of the upward move from the $99,222 swing low to the $107,400 high.<\/p>\n

The next support is now near the $101,200 zone. Any more losses might send the price toward the $100,200 support in the near term. The main support sits at $100,000, 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 $102,500, followed by $101,200.<\/p>\n

Major Resistance Levels \u2013 $104,000 and $105,000.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price failed to recover above $107,000. BTC is trimming gains and might could continue to move down if it trades below $102,500. Bitcoin started a fresh decline after it failed to clear $107,000. The price is trading below $105,500 and the 100 hourly Simple moving average. There was a break below a bullish trend […]<\/p>\n","protected":false},"author":0,"featured_media":112329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-112328","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\/112328"}],"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=112328"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/112328\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/112329"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=112328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=112328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=112328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}