{"id":124630,"date":"2026-01-05T02:57:27","date_gmt":"2026-01-05T02:57:27","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=124630"},"modified":"2026-01-05T02:57:27","modified_gmt":"2026-01-05T02:57:27","slug":"bitcoin-price-surges-beyond-resistance-market-sentiment-flips-bullish","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=124630","title":{"rendered":"Bitcoin Price Surges Beyond Resistance, Market Sentiment Flips Bullish"},"content":{"rendered":"

Bitcoin price started a major increase above $91,200. BTC is now showing bullish signs and might extend gains above $93,000.<\/em><\/p>\n

Bitcoin started a fresh increase above the $91,200 zone.
\nThe price is trading above $92,000 and the 100 hourly Simple moving average.
\nThere is a key bullish trend line forming with support at $91,500 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might continue to move up if it stays above the $91,200 zone.<\/p>\n

Bitcoin Price Eyes More Upsides<\/h2>\n

Bitcoin price remained supported<\/a> above the $90,000 zone and started a fresh increase. BTC gained pace for a move above the $90,500 and $91,200 resistance levels.<\/p>\n

It even surpassed $92,000. A new multi-week high was formed at $93,333 and the price is now consolidating gains. It is stable above the 23.6% Fib retracement level of the recent upward move from the $90,804 swing low to the $93,333 high.<\/p>\n

Bitcoin is now trading above $92,000 and the 100 hourly Simple moving average<\/a>. Besides, there is a key bullish trend line forming with support at $91,500 on the hourly chart of the BTC\/USD pair.<\/p>\n

If the price remains stable above $91,500, it could attempt a fresh recovery wave. Immediate resistance is near the $93,200 level. The first key resistance is near the $93,500 level. The next resistance could be $94,000. A close above the $94,000 resistance might send the price further higher.<\/p>\n

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

In the stated case, the price could rise and test the $94,650 resistance. Any more gains might send the price toward the $95,000 level. The next barrier for the bulls could be $95,500 and $95,800.<\/p>\n

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

If Bitcoin fails to rise above the $93,200 resistance zone, it could start another decline. Immediate support is near the $92,200 level. The first major support is near the $92,000 level or the 50% Fib retracement level of the recent upward move from the $90,804 swing low to the $93,333 high.<\/p>\n

The next support is now near the $91,500 zone. Any more losses might send the price toward the $90,500 support in the near term. The main support sits at $90,000, 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 $92,000, followed by $91,500.<\/p>\n

Major Resistance Levels \u2013 $93,200 and $94,000.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a major increase above $91,200. BTC is now showing bullish signs and might extend gains above $93,000. Bitcoin started a fresh increase above the $91,200 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $91,500 on […]<\/p>\n","protected":false},"author":0,"featured_media":124631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-124630","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\/124630"}],"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=124630"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/124630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/124631"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=124630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=124630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=124630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}