{"id":118539,"date":"2025-12-08T02:55:16","date_gmt":"2025-12-08T02:55:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=118539"},"modified":"2025-12-08T02:55:16","modified_gmt":"2025-12-08T02:55:16","slug":"bitcoin-aims-higher-as-bulls-regain-strength-and-push-for-resistance-break","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=118539","title":{"rendered":"Bitcoin Aims Higher as Bulls Regain Strength and Push for Resistance Break"},"content":{"rendered":"

Bitcoin price started a fresh increase above $90,500. BTC is now consolidating gains and might attempt an upside break above $91,650.<\/em><\/p>\n

Bitcoin started a fresh increase above the $90,500 zone.
\nThe price is trading above $91,000 and the 100 hourly Simple moving average.
\nThere was a break above a key bearish trend line with resistance at $90,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might continue to move up if it settles above the $91,650 zone.<\/p>\n

Bitcoin Price Faces Resistance<\/h2>\n

Bitcoin price managed to stay above the $90,500 zone and started a fresh increase<\/a>. BTC gained strength for a move above the $91,500 and $92,500 levels.<\/p>\n

There was a clear move above the $93,000 resistance. A high was formed at $94,050 and the price recently corrected some gains<\/a>. There was a drop below the 50% Fib retracement level of the upward move from the $83,871 swing low to the $94,050 high.<\/p>\n

However, the bulls were active near the $87,800 support and the 61.8% Fib retracement level of the upward move from the $83,871 swing low to the $94,050 high. The price is again rising above $90,000.<\/p>\n

There was a break above a key bearish trend line with resistance at $90,000 on the hourly chart of the BTC\/USD pair. Bitcoin is now trading above $91,000 and the 100 hourly Simple moving average.<\/p>\n

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

If the bulls remain in action, the price could attempt another increase. Immediate resistance is near the $91,650 level. The first key resistance is near the $92,000 level. The next resistance could be $93,000. A close above the $93,000 resistance might send the price further higher. In the stated case, the price could rise and test the $95,000 resistance. Any more gains might send the price toward the $95,500 level. The next barrier for the bulls could be $96,200 and $96,450.<\/p>\n

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

If Bitcoin fails to rise above the $91,650 resistance zone, it could start another decline. Immediate support is near the $90,000 level. The first major support is near the $89,500 level.<\/p>\n

The next support is now near the $87,800 zone. Any more losses might send the price toward the $87,250 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 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 $90,000, followed by $89,500.<\/p>\n

Major Resistance Levels \u2013 $91,650 and $92,000.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a fresh increase above $90,500. BTC is now consolidating gains and might attempt an upside break above $91,650. Bitcoin started a fresh increase above the $90,500 zone. The price is trading above $91,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance […]<\/p>\n","protected":false},"author":0,"featured_media":118540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118539","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\/118539"}],"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=118539"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/118540"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}