{
    "id": 57188,
    "date": "2025-12-15T11:16:16",
    "date_gmt": "2025-12-15T04:16:16",
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    "slug": "bitcoin-price-faces-growing-heat-is-momentum-turning-against-bulls",
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        "rendered": "Bitcoin Price Faces Growing Heat\u2014Is Momentum Turning Against Bulls?"
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        "rendered": "<div id=\"ftwp-postcontent\">\n<p><em>Bitcoin price corrected gains and traded below the $90,000 support zone. BTC is now rising and might struggle to clear the $90,500 zone.<\/em><\/p>\n<ul>\n<li>Bitcoin started a downside correction from the $92,500 zone.<\/li>\n<li>The price is trading below $90,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a bearish trend line forming with resistance at $90,650 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might continue to move up if it settles above the $90,500 zone.<\/li>\n<\/ul>\n<h2 id=\"ftoc-heading-1\">Bitcoin Price Aims Fresh Increase<\/h2>\n<p>Bitcoin price failed to <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-holds-firm-90k\/\" target=\"_blank\">gain strength<\/a> for a move above the $92,000 and $92,500 levels. BTC started a downside correction and traded below the $90,500 support.<\/p>\n<p>The price even spiked below the $88,000 support. However, the bulls were active near the $87,500 zone. A low was formed at $87,582 and the price is moving higher. There was a break above the 23.6% Fib retracement level of the downward move from the $93,561 swing high to the $87,582 low.<\/p>\n<p>Bitcoin is now trading below $90,000 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-slides-90k\/\" target=\"_blank\">100 hourly Simple moving average<\/a>. If the bulls remain in action, the price could attempt another increase. Immediate resistance is near the $90,000 level. The first key resistance is near the $90,500 level. There is also a bearish trend line forming with resistance at $90,650 on the hourly chart of the BTC\/USD pair.<\/p>\n<figure id=\"attachment_866700\" aria-describedby=\"caption-attachment-866700\"><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Bitcoin_555589.png\"><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Bitcoin_555589.png?resize=1024%2C488\" alt=\"Bitcoin Price \" width=\"1024\" height=\"488\"><\/a><figcaption id=\"caption-attachment-866700\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\">BTCUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>The next resistance could be $92,000. A close above the $92,000 resistance might send the price further higher. In the stated case, the price could rise and test the $92,500 resistance. Any more gains might send the price toward the $93,200 level. The next barrier for the bulls could be $94,000 and $94,500.<\/p>\n<h2 id=\"ftoc-heading-2\">Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $90,500 resistance zone, it could start another decline. Immediate support is near the $88,550 level. The first major support is near the $88,000 level.<\/p>\n<p>The next support is now near the $87,500 zone. Any more losses might send the price toward the $86,500 support in the near term. The main support sits at $85,000, below which BTC might accelerate lower 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 $88,550, followed by $88,000.<\/p>\n<p>Major Resistance Levels \u2013 $90,000 and $90,500.<\/p>\n<\/p><\/div>",
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