{"id":51402,"date":"2025-10-13T09:54:31","date_gmt":"2025-10-13T02:54:31","guid":{"rendered":"https:\/\/hbbgroup.net\/bitcoin-v-shaped-recovery-faces-hurdles-can-bulls-sustain-the-momentum\/"},"modified":"2025-10-13T09:54:31","modified_gmt":"2025-10-13T02:54:31","slug":"bitcoin-v-shaped-recovery-faces-hurdles-can-bulls-sustain-the-momentum","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/bitcoin-v-shaped-recovery-faces-hurdles-can-bulls-sustain-the-momentum\/","title":{"rendered":"Bitcoin V-Shaped Recovery Faces Hurdles \u2013 Can Bulls Sustain The Momentum?"},"content":{"rendered":"<div id=\"ftwp-postcontent\">\n<p><em>Bitcoin price corrected losses and traded above the $114,000 level. BTC is now struggling and might face hurdles near the $116,000 level.<\/em><\/p>\n<ul>\n<li>Bitcoin started a recovery wave above the $113,500 resistance level.<\/li>\n<li>The price is trading below $116,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a bearish trend line forming with resistance at $119,500 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might continue to move down if it trades below the $113,500 zone.<\/li>\n<\/ul>\n<h2 id=\"ftoc-heading-1\">Bitcoin Price Starts Recovery<\/h2>\n<p>Bitcoin price started a <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-correction-deepens-120k\/\" target=\"_blank\">recovery wave<\/a> after a massive liquidation event below $110,000. BTC recovered above the $111,500 and $112,000 resistance levels.<\/p>\n<p>The price climbed above the 50% Fib retracement level of the sharp decline from the $123,750 swing high to the $100,000 low. The bulls even pushed the price above the $113,500 resistance level. However, there are many hurdles on the upside.<\/p>\n<p>Bitcoin is now trading below $116,500 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-pauses-below-125k\/\" target=\"_blank\">100 hourly Simple moving average<\/a>. Besides, there is a bearish trend line forming with resistance at $119,500 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>Immediate resistance on the upside is near the $116,000 level. The first key resistance is near the $116,250 level. The next resistance could be $118,000 and the 76.4% Fib retracement level of the sharp decline from the $123,750 swing high to the $100,000 low.<\/p>\n<figure id=\"attachment_837051\" aria-describedby=\"caption-attachment-837051\"><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/10\/Bitcoin_682683.png\"><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/10\/Bitcoin_682683.png?resize=1024%2C493\" alt=\"Bitcoin Price\" width=\"1024\" height=\"493\"><\/a><figcaption id=\"caption-attachment-837051\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\">BTCUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>A close above the $118,000 resistance might send the price further higher. In the stated case, the price could rise and test the $119,500 resistance and the trend line. Any more gains might send the price toward the $120,000 level. The next barrier for the bulls could be $122,500.<\/p>\n<h2 id=\"ftoc-heading-2\">Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $116,000 resistance zone, it could start a fresh decline. Immediate support is near the $114,000 level. The first major support is near the $113,500 level.<\/p>\n<p>The next support is now near the $113,500 zone. Any more losses might send the price toward the $112,500 support in the near term. The main support sits at $110,500, below which BTC might struggle to recover in the short 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 $113,500, followed by $112,500.<\/p>\n<p>Major Resistance Levels \u2013 $116,000 and $118,000.<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Bitcoin price corrected losses and traded above the $114,000 level. BTC is now struggling and might face hurdles near the [&hellip;]<\/p>","protected":false},"author":5,"featured_media":51403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-51402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/51402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=51402"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/51402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/51403"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=51402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=51402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=51402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}