{"id":116333,"date":"2025-11-28T02:27:19","date_gmt":"2025-11-28T02:27:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=116333"},"modified":"2025-11-28T02:27:19","modified_gmt":"2025-11-28T02:27:19","slug":"bitcoin-price-recovery-runs-out-of-steam-leaving-bears-ready-to-strike","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=116333","title":{"rendered":"Bitcoin Price Recovery Runs Out of Steam, Leaving Bears Ready to Strike"},"content":{"rendered":"

Bitcoin price started a recovery wave above $90,000. BTC is now struggling to clear $92,000 and might start another decline below $90,000.<\/em><\/p>\n

Bitcoin started a recovery wave and climbed toward $92,000.
\nThe price is trading above $90,000 and the 100 hourly Simple moving average.
\nThere was a break below a short-term bullish trend line with support at $90,800 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 $90,000 zone.<\/p>\n

Bitcoin Price Faces Resistance<\/h2>\n

Bitcoin price managed to stay above the $88,500 level. BTC formed a base and recently started a recovery wave above the $90,000 resistance zone<\/a>.<\/p>\n

The pair climbed above the $91,000 level. A high was formed at $91,878 and the price is now correcting some gains<\/a>. There was a break below a short-term bullish trend line with support at $90,800 on the hourly chart of the BTC\/USD pair.<\/p>\n

The pair is now approaching the 23.6% Fib retracement level of the upward move from the $86,299 swing low to the $91,878 high. Bitcoin is now trading above $90,000 and the 100 hourly Simple moving average. If the bulls remain in action, the price could attempt another increase.<\/p>\n

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

Immediate resistance is near the $91,200 level. The first key resistance is near the $92,000 level. The next resistance could be $92,500. A close above the $92,500 resistance might send the price further higher. In the stated case, the price could rise and test the $93,750 resistance. Any more gains might send the price toward the $94,500 level. The next barrier for the bulls could be $95,000 and $95,500.<\/p>\n

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

If Bitcoin fails to rise above the $92,000 resistance zone, it could start another decline. Immediate support is near the $90,500 level. The first major support is near the $89,080 level or the 50% Fib retracement level of the upward move from the $86,299 swing low to the $91,878 high.<\/p>\n

The next support is now near the $88,450 zone. Any more losses might send the price toward the $87,500 support in the near term. The main support sits at $86,300, 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 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 $89,080, followed by $88,450.<\/p>\n

Major Resistance Levels \u2013 $91,200 and $92,000.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a recovery wave above $90,000. BTC is now struggling to clear $92,000 and might start another decline below $90,000. Bitcoin started a recovery wave and climbed toward $92,000. The price is trading above $90,000 and the 100 hourly Simple moving average. There was a break below a short-term bullish trend line with […]<\/p>\n","protected":false},"author":0,"featured_media":116334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-116333","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\/116333"}],"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=116333"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116333\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/116334"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}