
{"id":144876,"date":"2026-03-26T02:51:22","date_gmt":"2026-03-26T02:51:22","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=144876"},"modified":"2026-03-26T02:51:22","modified_gmt":"2026-03-26T02:51:22","slug":"bitcoin-price-hits-barriers-can-bulls-overcome-key-resistance-levels","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=144876","title":{"rendered":"Bitcoin Price Hits Barriers, Can Bulls Overcome Key Resistance Levels?"},"content":{"rendered":"<p><em>Bitcoin price started a recovery wave above $70,000. BTC is now consolidating above $70,200 and might aim for a steady increase if it clears $71,650.<\/em><\/p>\n<p>Bitcoin started a decent recovery wave above $69,800 and $70,200.<br \/>\nThe price is trading above $70,200 and the 100 hourly simple moving average.<br \/>\nThere is a bullish trend line forming with support at $70,400 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<br \/>\nThe pair might start another decline if it stays below the $71,000 and $71,650 levels.<\/p>\n<h2>Bitcoin Price Faces Hurdles<\/h2>\n<p>Bitcoin price started a <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-approaches-break-70700\/\" target=\"_blank\" rel=\"noopener\">recovery wave<\/a> above the $69,5500 resistance level. BTC climbed above the $70,200 and $70,500 resistance levels.<\/p>\n<p>The price even spiked above the 50% Fib retracement level of the downward move from the $75,998 swing high to the $67,342 low. The price even climbed toward the $72,000 zone before the bears took a stand and protected more gains.<\/p>\n<p>Bitcoin is now trading above $70,200 and the 100 hourly simple moving average. There is also a bullish trend line forming with support at $70,400 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>If the price remains stable above $70,200, it could attempt a <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-bounce-weakens-72k\/\" target=\"_blank\" rel=\"noopener\">fresh increase<\/a>. Immediate resistance is near the $71,200 level. The first key resistance is near the $71,650 level. A close above the $71,650 resistance might send the price further higher.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Bitcoin_f28a2a.png\"><\/a><\/p>\n<p>In the stated case, the price could rise and test the $72,650 resistance or the 61.8% Fib retracement level of the downward move from the $75,998 swing high to the $67,342 low. Any more gains might send the price toward the $73,200 level. The next barrier for the bulls could be $73,500.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $71,650 resistance zone, it could start another decline. Immediate support is near the $70,400 level. The first major support is near the $70,000 level.<\/p>\n<p>The next support is now near the $69,200 zone. Any more losses might send the price toward the $68,800 support in the near term. The main support now sits at $67,500, below which BTC might struggle to recover in the near term.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now losing pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $70,000, followed by $69,200.<\/p>\n<p>Major Resistance Levels \u2013 $71,200 and $71,650.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a recovery wave above $70,000. BTC is now consolidating above $70,200 and might aim for a steady increase if it clears $71,650. Bitcoin started a decent recovery wave above $69,800 and $70,200. The price is trading above $70,200 and the 100 hourly simple moving average. There is a bullish trend line forming [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":144877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-144876","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\/144876"}],"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=144876"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/144876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/144877"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=144876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=144876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=144876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}