
{"id":150245,"date":"2026-04-15T02:23:49","date_gmt":"2026-04-15T02:23:49","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=150245"},"modified":"2026-04-15T02:23:49","modified_gmt":"2026-04-15T02:23:49","slug":"bitcoin-price-cools-off-bulls-prepare-for-next-leg-higher","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=150245","title":{"rendered":"Bitcoin Price Cools Off, Bulls Prepare for Next Leg Higher"},"content":{"rendered":"<p><em>Bitcoin price started a fresh surge and cleared the $74,200 zone. BTC is consolidating and might aim for more gains above the $75,500 level.<\/em><\/p>\n<p>Bitcoin managed to stay above $73,200 and started a fresh increase.<br \/>\nThe price is trading above $74,200 and the 100 hourly simple moving average.<br \/>\nThere is a declining channel forming with resistance at $75,200 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<br \/>\nThe pair might extend gains if it stays above the $73,950 and $72,650 levels.<\/p>\n<h2>Bitcoin Price Aims for More Upsides<\/h2>\n<p>Bitcoin price found support near $71,200 and started a <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-smashes-74k-barrier\/\" target=\"_blank\" rel=\"noopener\">fresh increase<\/a>. BTC gained pace for a move above the $72,500 and $73,200 resistance levels.<\/p>\n<p>The bulls even pushed the price above the key level at $75,000. A high was formed at $76,088, and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $70,518 swing low to the $76,088 high.<\/p>\n<p>Bitcoin is now trading above $74,200 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-at-risk-again-70500\/\" target=\"_blank\" rel=\"noopener\">100 hourly simple moving average<\/a>. There is also a declining channel forming with resistance at $75,200 on the hourly chart of the BTC\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/Bitcoin_388ed7.png\"><\/a><\/p>\n<p>If the price remains stable above $74,000, it could attempt a fresh increase. Immediate resistance is near the $74,800 level. The first key resistance is near the $75,200 level. A close above the $75,200 resistance might send the price further higher. In the stated case, the price could rise and test the $76,000 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<h2>Downside Correction In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $75,200 resistance zone, it could start another decline. Immediate support is near the $73,950 level. The first major support is near the $73,300 level.<\/p>\n<p>The next support is now near the $72,650 zone or the 50% Fib retracement level of the upward move from the $70,518 swing low to the $76,088 high. Any more losses might send the price toward the $72,000 support in the near term. The main support now sits at $71,850, 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 gaining pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $73,950, followed by $72,650.<\/p>\n<p>Major Resistance Levels \u2013 $75,200 and $76,000.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a fresh surge and cleared the $74,200 zone. BTC is consolidating and might aim for more gains above the $75,500 level. Bitcoin managed to stay above $73,200 and started a fresh increase. The price is trading above $74,200 and the 100 hourly simple moving average. There is a declining channel forming with [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":150246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-150245","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\/150245"}],"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=150245"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/150245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/150246"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=150245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=150245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=150245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}