{"id":140887,"date":"2026-03-10T02:34:38","date_gmt":"2026-03-10T02:34:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=140887"},"modified":"2026-03-10T02:34:38","modified_gmt":"2026-03-10T02:34:38","slug":"bitcoin-price-reclaims-ground-can-bulls-flip-market-momentum","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=140887","title":{"rendered":"Bitcoin Price Reclaims Ground, Can Bulls Flip Market Momentum?"},"content":{"rendered":"

Bitcoin price started a recovery wave from the $65,500 zone. BTC is now consolidating and might aim for more gains above $69,500.<\/em><\/p>\n

Bitcoin started a decent recovery wave above the $67,500 zone.
\nThe price is trading above $68,000 and the 100 hourly simple moving average.
\nThere is a key bearish trend line forming with resistance at $69,250 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might dip again if it trades below the $68,500 and $68,000 levels.<\/p>\n

Bitcoin Price Starts Recovery Wave<\/h2>\n

Bitcoin price extended its decline and traded below the $66,500 level. BTC tested the $65,500 support zone before the bulls emerged. A low was formed at $65,646, and the price recently started a recovery wave<\/a>.<\/p>\n

The price climbed above the $67,200 and $67,500 resistance levels. The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $74,062 swing high to the $65,646 low. However, the bears are still active below $70,000.<\/p>\n

There is also a key bearish trend line forming with resistance at $69,250 on the hourly chart of the BTC\/USD pair. Bitcoin is now trading above $68,500 and the 100 hourly simple moving average.<\/p>\n

If the price remains stable above $67,500, it could attempt a fresh increase<\/a>. Immediate resistance is near the $69,250 level. The first key resistance is near the $69,600 level and the 50% Fib retracement level of the downward move from the $74,062 swing high to the $65,646 low.<\/p>\n

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

A close above the $69,600 resistance might send the price further higher. In the stated case, the price could rise and test the $70,500 resistance. Any more gains might send the price toward the $72,000 level. The next barrier for the bulls could be $72,650.<\/p>\n

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

If Bitcoin fails to rise above the $69,250 resistance zone, it could start another decline. Immediate support is near the $68,500 level. The first major support is near the $68,000 level.<\/p>\n

The next support is now near the $67,500 zone. Any more losses might send the price toward the $66,650 support in the near term. The main support now sits at $65,500, below which BTC might struggle to recover 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 $68,000, followed by $67,500.<\/p>\n

Major Resistance Levels \u2013 $69,250 and $69,850.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a recovery wave from the $65,500 zone. BTC is now consolidating and might aim for more gains above $69,500. Bitcoin started a decent recovery wave above the $67,500 zone. The price is trading above $68,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance […]<\/p>\n","protected":false},"author":0,"featured_media":140888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-140887","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\/140887"}],"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=140887"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/140887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/140888"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=140887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=140887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=140887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}