{"id":114070,"date":"2025-11-19T02:25:42","date_gmt":"2025-11-19T02:25:42","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=114070"},"modified":"2025-11-19T02:25:42","modified_gmt":"2025-11-19T02:25:42","slug":"bitcoin-pauses-decline-and-moves-into-consolidation-near-key-levels","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=114070","title":{"rendered":"Bitcoin Pauses Decline and Moves Into Consolidation Near Key Levels"},"content":{"rendered":"

Bitcoin price found support near $89,250. BTC is now correcting some losses but faces many hurdles near $93,500 and $94,200.<\/em><\/p>\n

Bitcoin started a fresh decline below $94,000 and $93,500.
\nThe price is trading below $93,000 and the 100 hourly Simple moving average.
\nThere is a bearish trend line forming with resistance at $94,200 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 $90,700 zone.<\/p>\n

Bitcoin Price Attempts Recovery<\/h2>\n

Bitcoin price failed to stay in a positive zone above the $92,500 level. BTC bears remained active below $92,500 and pushed the price lower.<\/p>\n

The bears gained strength and were able to push the price below the $90,000 zone. A low was formed at $89,252, and the price is now attempting a recovery wave. There was a move above the 50% Fib retracement level of the recent decline<\/a> from the $95,888 swing high to the $89,252 low.<\/p>\n

Bitcoin is now trading below $94,000 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $94,200 on the hourly chart of the BTC\/USD pair.<\/p>\n

If the bulls attempt another recovery wave, the price could face resistance<\/a> near the $93,350 level and the 61.8% Fib retracement level of the recent decline from the $95,888 swing high to the $89,252 low. The first key resistance is near the $94,200 level and the trend line.<\/p>\n

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

The next resistance could be $95,000. A close above the $95,000 resistance might send the price further higher. In the stated case, the price could rise and test the $95,500 resistance. Any more gains might send the price toward the $96,500 level. The next barrier for the bulls could be $96,800 and $97,000.<\/p>\n

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

If Bitcoin fails to rise above the $94,200 resistance zone, it could start another decline. Immediate support is near the $91,500 level. The first major support is near the $90,700 level.<\/p>\n

The next support is now near the $90,000 zone. Any more losses might send the price toward the $88,800 support in the near term. The main support sits at $86,500, below which BTC might accelerate lower in the near term.<\/p>\n

Technical indicators:<\/p>\n

Hourly MACD \u2013 The MACD is now losing pace in the bearish 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 $91,500, followed by $90,700.<\/p>\n

Major Resistance Levels \u2013 $93,250 and $94,200.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price found support near $89,250. BTC is now correcting some losses but faces many hurdles near $93,500 and $94,200. Bitcoin started a fresh decline below $94,000 and $93,500. The price is trading below $93,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $94,200 on the […]<\/p>\n","protected":false},"author":0,"featured_media":114071,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-114070","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\/114070"}],"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=114070"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/114070\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/114071"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}