{"id":122139,"date":"2025-12-22T02:50:07","date_gmt":"2025-12-22T02:50:07","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=122139"},"modified":"2025-12-22T02:50:07","modified_gmt":"2025-12-22T02:50:07","slug":"bitcoin-price-recovery-faces-crucial-test-at-major-resistance-zone","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=122139","title":{"rendered":"Bitcoin Price Recovery Faces Crucial Test at Major Resistance Zone"},"content":{"rendered":"

Bitcoin price attempted to start a fresh increase but failed at $89,250. BTC is now consolidating below $89,000 and might react to the downside.<\/em><\/p>\n

Bitcoin started a recovery wave above the $86,800 zone.
\nThe price is trading above $87,000 and the 100 hourly Simple moving average.
\nThere is a key rising channel forming with support at $87,650 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 $89,500 zone.<\/p>\n

Bitcoin Price Faces Resistance<\/h2>\n

Bitcoin price attempted a fresh recovery wave<\/a> above $88,200 and $89,000. BTC tested the $89,250 resistance zone and struggled to continue higher.<\/p>\n

The price is now consolidating gains below $89,000. There was a minor decline and it tested the 23.6% Fib retracement level of the upward move from the $84,421 swing low to the $89,238 high. However, the bulls are active above $87,500.<\/p>\n

Bitcoin is now trading above $87,500 and the 100 hourly Simple moving average<\/a>. There is also a key rising channel forming with support at $87,650 on the hourly chart of the BTC\/USD pair.<\/p>\n

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

If the bulls remain in action, the price could attempt more gains. Immediate resistance is near the $89,000 level. The first key resistance is near the $89,250 level. The next resistance could be $89,500. A close above the $89,500 resistance might send the price further higher. In the stated case, the price could rise and test the $90,500 resistance. Any more gains might send the price toward the $92,000 level. The next barrier for the bulls could be $92,650 and $93,200.<\/p>\n

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

If Bitcoin fails to rise above the $89,000 resistance zone, it could start another decline. Immediate support is near the $87,500 level. The first major support is near the $87,000 level.<\/p>\n

The next support is now near the $86,800 zone and the 50% Fib retracement level of the upward move from the $84,421 swing low to the $89,238 high. Any more losses might send the price toward the $85,500 support in the near term. The main support sits at $84,400, 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 above the 50 level.<\/p>\n

Major Support Levels \u2013 $87,500, followed by $86,800.<\/p>\n

Major Resistance Levels \u2013 $89,000 and $89,500.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price attempted to start a fresh increase but failed at $89,250. BTC is now consolidating below $89,000 and might react to the downside. Bitcoin started a recovery wave above the $86,800 zone. The price is trading above $87,000 and the 100 hourly Simple moving average. There is a key rising channel forming with support […]<\/p>\n","protected":false},"author":0,"featured_media":122140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-122139","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\/122139"}],"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=122139"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/122139\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/122140"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=122139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=122139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=122139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}