{"id":147521,"date":"2026-04-06T02:42:50","date_gmt":"2026-04-06T02:42:50","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=147521"},"modified":"2026-04-06T02:42:50","modified_gmt":"2026-04-06T02:42:50","slug":"bitcoin-price-builds-for-surge-bulls-eye-explosive-breakout","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=147521","title":{"rendered":"Bitcoin Price Builds for Surge, Bulls Eye Explosive Breakout"},"content":{"rendered":"

Bitcoin price started a decent increase above the $68,000 zone. BTC is now showing positive signs and might gain further if it clears $69,250.<\/em><\/p>\n

Bitcoin gained pace for a move above the $67,500 and $68,000 levels.
\nThe price is trading above $68,500 and the 100 hourly simple moving average.
\nThere was a break above a bearish trend line with resistance at $67,650 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might start another decline if it stays below the $69,250 and $69,500 levels.<\/p>\n

Bitcoin Price Gains Traction<\/h2>\n

Bitcoin price managed to climb higher above the $67,250 resistance zone<\/a>. BTC gained pace for a move above the $67,500 and $68,000 levels.<\/p>\n

There was a break above a bearish trend line with resistance at $67,650 on the hourly chart of the BTC\/USD pair. The pair even climbed above $69,000. A high is formed at $69,256, and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $65,688 swing low to the $69,256 high.<\/p>\n

Bitcoin is now trading above $68,000 and the 100 hourly simple moving average<\/a>. If the price remains stable above $68,500, it could attempt a fresh increase. Immediate resistance is near the $69,250 level.<\/p>\n

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

The first key resistance is near the $69,500 level. A close above the $69,500 resistance might send the price further higher. In the stated case, the price could rise and test the $70,000 resistance. Any more gains might send the price toward the $71,500 level. The next barrier for the bulls could be $72,000.<\/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 $68,800 level. The first major support is near the $68,500 level.<\/p>\n

The next support is now near the $67,500 zone or the 50% Fib retracement level of the upward move from the $65,688 swing low to the $69,256 high. Any more losses might send the price toward the $67,000 support in the near term. The main support now sits at $66,500, 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 $68,500, followed by $68,000.<\/p>\n

Major Resistance Levels \u2013 $69,250 and $69,500.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a decent increase above the $68,000 zone. BTC is now showing positive signs and might gain further if it clears $69,250. Bitcoin gained pace for a move above the $67,500 and $68,000 levels. The price is trading above $68,500 and the 100 hourly simple moving average. There was a break above a […]<\/p>\n","protected":false},"author":0,"featured_media":147522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-147521","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\/147521"}],"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=147521"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/147521\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/147522"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=147521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=147521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=147521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}