
{"id":91565,"date":"2025-08-27T02:30:51","date_gmt":"2025-08-27T02:30:51","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=91565"},"modified":"2025-08-27T02:30:51","modified_gmt":"2025-08-27T02:30:51","slug":"bitcoin-price-recovery-stalls-can-bulls-overcome-the-key-resistance","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=91565","title":{"rendered":"Bitcoin Price Recovery Stalls, Can Bulls Overcome the Key Resistance?"},"content":{"rendered":"<p><em>Bitcoin price is showing bearish signs below $113,500. BTC is struggling to recover and might face hurdles near the $113,000 zone.<\/em><\/p>\n<p>Bitcoin started a fresh decline below the $111,400 zone.<br \/>\nThe price is trading below $111,500 and the 100 hourly Simple moving average.<br \/>\nThere is a key bearish trend line forming with resistance at $111,550 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<br \/>\nThe pair might start another increase if it clears the $112,500 resistance zone.<\/p>\n<h2>Bitcoin Price Attempts Recovery<\/h2>\n<p>Bitcoin price started a <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-slips-below-110k\/\" target=\"_blank\" rel=\"noopener\">fresh decline<\/a> after a close below the $112,500 level. BTC gained bearish momentum and traded below the $112,000 support zone.<\/p>\n<p>There was a move below the $110,500 support zone and the 100 hourly Simple moving average. The pair tested the $108,750 zone. A low was formed at $108,734 and the price recently started a recovery wave. There was a move above the $111,200 level.<\/p>\n<p>The price surpassed the 23.6% Fib retracement level of the recent decline from the $117,354 swing high to the $110,692 low. Bitcoin is now trading below $111,500 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-declines-further-112k\/\" target=\"_blank\" rel=\"noopener\">100 hourly Simple moving average<\/a>.<\/p>\n<p>Immediate resistance on the upside is near the $111,500 level. There is also a key bearish trend line forming with resistance at $111,550 on the hourly chart of the BTC\/USD pair. The first key resistance is near the $112,000 level. The next resistance could be $113,000 or the 50% Fib retracement level of the recent decline from the $117,354 swing high to the $110,692 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/Bitcoin_1a0450.png\"><\/a><\/p>\n<p>A close above the $113,000 resistance might send the price further higher. In the stated case, the price could rise and test the $114,200 resistance level. Any more gains might send the price toward the $115,500 level. The main target could be $116,500.<\/p>\n<h2>Another Drop In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $111,550 resistance zone, it could start a fresh decline. Immediate support is near the $110,500 level. The first major support is near the $109,200 level.<\/p>\n<p>The next support is now near the $108,500 zone. Any more losses might send the price toward the $106,500 support in the near term. The main support sits at $105,500, below which BTC might accelerate lower.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now losing pace in the bearish 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 $108,500, followed by $106,500.<\/p>\n<p>Major Resistance Levels \u2013 $111,500 and $113,000.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is showing bearish signs below $113,500. BTC is struggling to recover and might face hurdles near the $113,000 zone. Bitcoin started a fresh decline below the $111,400 zone. The price is trading below $111,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $111,550 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":91566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-91565","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\/91565"}],"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=91565"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/91566"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}