{"id":2551,"date":"2025-01-24T06:00:27","date_gmt":"2025-01-24T06:00:27","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-at-100k-consolidation-or-calm-before-the-next-move\/"},"modified":"2025-01-24T06:00:27","modified_gmt":"2025-01-24T06:00:27","slug":"bitcoin-price-at-100k-consolidation-or-calm-before-the-next-move","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-at-100k-consolidation-or-calm-before-the-next-move\/","title":{"rendered":"Bitcoin Price at $100K+: Consolidation or Calm Before the Next Move?"},"content":{"rendered":"<p><em>Bitcoin price settled above the $100,500 resistance zone. BTC is consolidating gains and might aim for a fresh increase above the $105,000 zone.<\/em><\/p>\n<ul>\n<li>Bitcoin started a downside correction from the $106,800 zone.<\/li>\n<li>The price is trading below $104,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a connecting bullish trend line forming with support at $102,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair could start another increase if it stays above the $102,000 support zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Eyes Fresh Increase<\/h2>\n<p>Bitcoin price started a decent upward move above the $104,500 zone. BTC was able to climb above the $105,500 and $106,000 levels.<\/p>\n<p>The bulls even pushed the price above the $106,500 level. However, the bears were active near the $106,800 zone. A high was formed at $106,833 and the price is now correcting gains. There was a move below the $105,000 level.<\/p>\n<p>There was a move below the 50% Fib retracement level of the upward move from the $101,281 swing low to the $106,833 high. Bitcoin price is now trading below $104,000 and the 100 hourly Simple moving average. There is also a connecting bullish trend line forming with support at $102,000 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>On the upside, immediate resistance is near the $104,000 level. The first key resistance is near the $105,500 level. A clear move above the $105,500 resistance might send the price higher. The next key resistance could be $106,800.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-682486\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/Bitcoin_da2b01.png?resize=1024%2C478\" alt=\"Bitcoin Price\" width=\"1024\" height=\"478\" \/><\/p>\n<p>A close above the $106,800 resistance might send the price further higher. In the stated case, the price could rise and test the $108,200 resistance level and a new all-time high. Any more gains might send the price toward the $110,000 level.<\/p>\n<h2>More Losses In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $104,500 resistance zone, it could start a downside correction. Immediate support on the downside is near the $102,500 level or the 76.4% Fib retracement level of the upward move from the $101,281 swing low to the $106,833 high. The first major support is near the $101,250 level.<\/p>\n<p>The next support is now near the $100,500 zone. Any more losses might send the price toward the $88,500 support 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 $102,500, followed by $101,250.<\/p>\n<p>Major Resistance Levels \u2013 $104,500 and $105,500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price settled above the $100,500 resistance zone. BTC is consolidating gains and might aim for a fresh increase above the $105,000 zone. Bitcoin started a downside correction from the $106,800 zone. The price is trading below $104,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-2551","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\/2551","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=2551"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/2551\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/2552"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=2551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=2551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=2551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}