{"id":142912,"date":"2026-03-18T02:34:59","date_gmt":"2026-03-18T02:34:59","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=142912"},"modified":"2026-03-18T02:34:59","modified_gmt":"2026-03-18T02:34:59","slug":"bitcoin-price-rangebound-after-surge-breakout-momentum-building","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=142912","title":{"rendered":"Bitcoin Price Rangebound After Surge \u2014 Breakout Momentum Building?"},"content":{"rendered":"

Bitcoin price started a strong increase and traded above the $75,500 zone. BTC is now consolidating and might aim for more gains if it clears $76,000.<\/em><\/p>\n

Bitcoin started a decent upward move above the $75,000 zone.
\nThe price is trading above $73,500 and the 100 hourly simple moving average.
\nThere is a bullish trend line forming with support at $72,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might continue to rise if it clears the $75,000 and $76,000 levels.<\/p>\n

Bitcoin Price Starts Consolidation<\/h2>\n

Bitcoin price remained supported and extended its increase<\/a> above the $73,500 level. BTC climbed above the $74,200 and $74,500 resistance levels.<\/p>\n

The bulls were able to pump the price above $75,000. A high was formed at $75,998, and the price recently corrected some gains. There was a move below the 23.6% Fib retracement level of the recent upward move from the $70,292 swing low to the $75,998 high.<\/p>\n

Bitcoin is now trading above $73,500 and the 100 hourly simple moving average<\/a>. Besides, there is a bullish trend line forming with support at $72,000 on the hourly chart of the BTC\/USD pair.<\/p>\n

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

If the price remains stable above $72,000, it could attempt a fresh increase. Immediate resistance is near the $75,000 level. The first key resistance is near the $75,500 level. A close above the $75,500 resistance might send the price further higher. In the stated case, the price could rise and test the $76,200 resistance. Any more gains might send the price toward the $77,500 level. The next barrier for the bulls could be $78,000.<\/p>\n

Downside Extension In BTC?<\/h2>\n

If Bitcoin fails to rise above the $75,000 resistance zone, it could start another decline. Immediate support is near the $73,800 level. The first major support is near the $73,150 level or the 50% Fib retracement level of the recent upward move from the $70,292 swing low to the $75,998 high.<\/p>\n

The next support is now near the $72,000 zone and the trend line. Any more losses might send the price toward the $71,650 support in the near term. The main support now sits at $71,200, below which BTC might struggle to recover 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 $73,800, followed by $73,150.<\/p>\n

Major Resistance Levels \u2013 $75,000 and $76,200.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a strong increase and traded above the $75,500 zone. BTC is now consolidating and might aim for more gains if it clears $76,000. Bitcoin started a decent upward move above the $75,000 zone. The price is trading above $73,500 and the 100 hourly simple moving average. There is a bullish trend line […]<\/p>\n","protected":false},"author":0,"featured_media":142913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-142912","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\/142912"}],"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=142912"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/142912\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/142913"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=142912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=142912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=142912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}