{
    "id": 82936,
    "date": "2026-05-28T09:45:09",
    "date_gmt": "2026-05-28T02:45:09",
    "guid": {
        "rendered": "https:\/\/hbbgroup.net\/bitcoin-price-extends-decline-rapidly-as-key-supports-collapse\/"
    },
    "modified": "2026-05-28T09:45:09",
    "modified_gmt": "2026-05-28T02:45:09",
    "slug": "bitcoin-price-extends-decline-rapidly-as-key-supports-collapse",
    "status": "publish",
    "type": "post",
    "link": "https:\/\/hbbgroup.net\/en_us\/bitcoin-price-extends-decline-rapidly-as-key-supports-collapse\/",
    "title": {
        "rendered": "Bitcoin Price Extends Decline Rapidly As Key Supports Collapse"
    },
    "content": {
        "rendered": "<div id=\"ftwp-postcontent\">\n<p><em>Bitcoin price started a fresh decline below the $75,500 zone. BTC is consolidating and might struggle to stay above the $74,000 support.<\/em><\/p>\n<ul>\n<li>Bitcoin failed to stay above $76,000 and extended losses.<\/li>\n<li>The price is trading below $75,500 and the 100 hourly simple moving average.<\/li>\n<li>There is a bearish trend line forming with resistance at $74,850 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might extend losses if it stays below the $75,000 and $75,500 levels.<\/li>\n<\/ul>\n<h2 id=\"ftoc-heading-1\">Bitcoin Price Dips Further<\/h2>\n<p>Bitcoin price failed to stay above the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-downtrend-gains-pace-76k\/\" target=\"_blank\">$76,200 support zone<\/a>. BTC remained in a bearish zone and extended losses below the $75,800 level. There was a move below the $75,500 level.<\/p>\n<p>The price even dipped below $75,000. A low was formed at $74,050 and the price is now consolidating losses. It is still struggling below the 23.6% Fib retracement level of the downward move from the $77,810 swing high to the $74,050 low.<\/p>\n<p>Bitcoin is now trading below $75,000 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-recovery-looks-fragile-78k\/\" target=\"_blank\">100 hourly simple moving average<\/a>. If the price remains stable above $74,000, it could attempt a fresh increase. Immediate resistance is near the $74,800 level. There is also a bearish trend line forming with resistance at $74,850 on the hourly chart of the BTC\/USD pair.<\/p>\n<figure id=\"attachment_898113\" aria-describedby=\"caption-attachment-898113\"><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Bitcoin_da83ed.png\"><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Bitcoin_da83ed.png?resize=1024%2C512\" alt=\"Bitcoin Price \" width=\"1024\" height=\"512\"><\/a><figcaption id=\"caption-attachment-898113\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\">BTCUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>The first key resistance is near the $75,500 level. A close above the $75,500 resistance might send the price further higher. In the stated case, the price could rise and test the $75,950 resistance or the 50% Fib retracement level of the downward move from the $77,810 swing high to the $74,050 low. Any more gains might send the price toward the $76,400 level. The next barrier for the bulls could be $77,800.<\/p>\n<h2 id=\"ftoc-heading-2\">More Losses In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $75,950 resistance zone, it could start another decline. Immediate support is near the $74,000 level.<\/p>\n<p>The first major support is near the $73,500 level. The next support is now near the $73,200 zone. Any more losses might send the price toward the $72,000 support in the near term. The main support now sits at $70,000, 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 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 $74,000, followed by $73,500.<\/p>\n<p>Major Resistance Levels \u2013 $74,850 and $75,950.<\/p>\n<\/p><\/div>",
        "protected": false
    },
    "excerpt": {
        "rendered": "<p>Bitcoin price started a fresh decline below the $75,500 zone. BTC is consolidating and might struggle to stay above the [&hellip;]<\/p>",
        "protected": false
    },
    "author": 5,
    "featured_media": 82937,
    "comment_status": "open",
    "ping_status": "open",
    "sticky": false,
    "template": "",
    "format": "standard",
    "meta": {
        "_acf_changed": false,
        "footnotes": ""
    },
    "categories": [
        220
    ],
    "tags": [],
    "class_list": [
        "post-82936",
        "post",
        "type-post",
        "status-publish",
        "format-standard",
        "has-post-thumbnail",
        "hentry",
        "category-tien-dien-tu"
    ],
    "acf": [],
    "_links": {
        "self": [
            {
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/82936",
                "targetHints": {
                    "allow": [
                        "GET"
                    ]
                }
            }
        ],
        "collection": [
            {
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts"
            }
        ],
        "about": [
            {
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/types\/post"
            }
        ],
        "author": [
            {
                "embeddable": true,
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/users\/5"
            }
        ],
        "replies": [
            {
                "embeddable": true,
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/comments?post=82936"
            }
        ],
        "version-history": [
            {
                "count": 0,
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/82936\/revisions"
            }
        ],
        "wp:featuredmedia": [
            {
                "embeddable": true,
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media\/82937"
            }
        ],
        "wp:attachment": [
            {
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media?parent=82936"
            }
        ],
        "wp:term": [
            {
                "taxonomy": "category",
                "embeddable": true,
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/categories?post=82936"
            },
            {
                "taxonomy": "post_tag",
                "embeddable": true,
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/tags?post=82936"
            }
        ],
        "curies": [
            {
                "name": "wp",
                "href": "https:\/\/api.w.org\/{rel}",
                "templated": true
            }
        ]
    }
}