{"id":2761,"date":"2025-02-04T06:00:28","date_gmt":"2025-02-04T06:00:28","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-climbs-back-to-100k-is-this-just-the-beginning\/"},"modified":"2025-02-04T06:00:28","modified_gmt":"2025-02-04T06:00:28","slug":"bitcoin-price-climbs-back-to-100k-is-this-just-the-beginning","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-climbs-back-to-100k-is-this-just-the-beginning\/","title":{"rendered":"Bitcoin Price Climbs Back to $100K: Is This Just the Beginning?"},"content":{"rendered":"<p><em>Bitcoin price started a fresh upward move above the $98,000 zone. BTC is trimming losses but might struggle to settle above the $103,000 zone.<\/em><\/p>\n<ul>\n<li>Bitcoin started a fresh upward move above the $100,000 level.<\/li>\n<li>The price is trading above $99,500 and the 100 hourly Simple moving average.<\/li>\n<li>There was a break above a key bearish trend line with resistance at $96,000 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 $100,000 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Reclaims $100,000<\/h2>\n<p>Bitcoin price started another decline below the $95,000 zone. BTC gained bearish momentum for a move below the $93,500 and $92,000 levels. It even dived below $91,000.<\/p>\n<p>A low was formed at $90,944 and the price recently started a decent recovery wave. There was a move above the $95,500 level. The price cleared the 50% Fib retracement level of the downward move from the $106,000 swing high to the $90,945 low.<\/p>\n<p>Moreover, there was a break above a key bearish trend line with resistance at $96,000 on the hourly chart of the BTC\/USD pair. Bitcoin price is now trading above $98,000 and the 100 hourly Simple moving average.<\/p>\n<p>On the upside, immediate resistance is near the $102,000 level. The first key resistance is near the $102,500 level or the 76.4% Fib retracement level of the downward move from the $106,000 swing high to the $90,945 low. The next key resistance could be $103,200.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-689793\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/02\/Bitcoin_a4f395.png?resize=1024%2C478\" alt=\"Bitcoin Price \" width=\"1024\" height=\"478\" \/><\/p>\n<p>A close above the $103,200 resistance might send the price further higher. In the stated case, the price could rise and test the $105,000 resistance level. Any more gains might send the price toward the $107,000 level.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $103,200 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $100,500 level. The first major support is near the $100,000 level.<\/p>\n<p>The next support is now near the $98,000 zone. Any more losses might send the price toward the $96,500 support in the near term.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now gaining pace in the 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 $100,500, followed by $100,000.<\/p>\n<p>Major Resistance Levels \u2013 $102,000 and $103,200.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a fresh upward move above the $98,000 zone. BTC is trimming losses but might struggle to settle above the $103,000 zone. Bitcoin started a fresh upward move above the $100,000 level. The price is trading above $99,500 and the 100 hourly Simple moving average. There was a break above a key bearish&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2762,"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-2761","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\/2761","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=2761"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/2761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/2762"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=2761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=2761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=2761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}