{"id":11276,"date":"2026-04-23T05:00:27","date_gmt":"2026-04-23T05:00:27","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-rally-nears-80k-dips-may-draw-fresh-buyers\/"},"modified":"2026-04-23T05:00:27","modified_gmt":"2026-04-23T05:00:27","slug":"bitcoin-price-rally-nears-80k-dips-may-draw-fresh-buyers","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-rally-nears-80k-dips-may-draw-fresh-buyers\/","title":{"rendered":"Bitcoin Price Rally Nears $80K, Dips May Draw Fresh Buyers"},"content":{"rendered":"<p><em>Bitcoin price started a fresh increase and cleared the $77,500 zone. BTC is consolidating and might aim for more gains above the $79,500 level.<\/em><\/p>\n<ul>\n<li>Bitcoin managed to stay above $76,500 and started a fresh increase.<\/li>\n<li>The price is trading above $77,200 and the 100 hourly simple moving average.<\/li>\n<li>There is a short-term declining channel forming with resistance at $78,500 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might extend gains if it stays above the $77,150 and $76,650 levels.<\/li>\n<\/ul>\n<h2>Bitcoin Price Regains Traction<\/h2>\n<p>Bitcoin price found support near $74,850 and started a fresh increase. BTC gained pace for a move above the $75,500 and $77,200 resistance levels.<\/p>\n<p>The bulls even pushed the price above $78,500. A high was formed at $79,490, and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $74,850 swing low to the $79,490 high.<\/p>\n<p>Bitcoin is now trading above $77,200 and the 100 hourly simple moving average. If the price remains stable above $77,000, it could attempt a fresh increase. Immediate resistance is near the $78,500 level. There is also a short-term declining channel forming with resistance at $78,500 on the hourly chart of the BTC\/USD pair.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-892897\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/Bitcoin_36db0a.png?resize=1024%2C512\" alt=\"Bitcoin Price \" width=\"1024\" height=\"512\" \/><\/p>\n<p>The first key resistance is near the $79,200 level. A close above the $79,200 resistance might send the price further higher. In the stated case, the price could rise and test the $79,500 resistance. Any more gains might send the price toward the $80,000 level. The next barrier for the bulls could be $82,000.<\/p>\n<h2>Another Drop In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $78,500 resistance zone, it could start another decline. Immediate support is near the $77,700 level. The first major support is near the $77,150 level or the 50% Fib retracement level of the upward move from the $74,850 swing low to the $79,490 high.<\/p>\n<p>The next support is now near the $76,650 zone. Any more losses might send the price toward the $75,500 support in the near term. The main support now sits at $75,000, 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 losing 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 $77,700, followed by $77,150.<\/p>\n<p>Major Resistance Levels \u2013 $78,500 and $79,500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a fresh increase and cleared the $77,500 zone. BTC is consolidating and might aim for more gains above the $79,500 level. Bitcoin managed to stay above $76,500 and started a fresh increase. The price is trading above $77,200 and the 100 hourly simple moving average. There is a short-term declining channel forming&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11277,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-11276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-btc","tag-bitcoin","tag-bitcoin-price","tag-btc","tag-btcusd","tag-btcusdt","tag-xbtusd"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/11276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=11276"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/11276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/11277"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=11276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=11276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=11276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}