{"id":4149,"date":"2025-04-18T05:00:29","date_gmt":"2025-04-18T05:00:29","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-gears-up-for-next-leg-higher-upside-potential-builds\/"},"modified":"2025-04-18T05:00:29","modified_gmt":"2025-04-18T05:00:29","slug":"bitcoin-price-gears-up-for-next-leg-higher-upside-potential-builds","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-gears-up-for-next-leg-higher-upside-potential-builds\/","title":{"rendered":"Bitcoin Price Gears Up for Next Leg Higher\u2014Upside Potential Builds"},"content":{"rendered":"<p><em>Bitcoin price is slowly moving higher above the $83,500 zone. BTC must clear the $85,200 resistance zone to continue higher in the near term.<\/em><\/p>\n<ul>\n<li>Bitcoin found support at $83,200 and started a recovery wave.<\/li>\n<li>The price is trading above $84,500 and the 100 hourly Simple moving average.<\/li>\n<li>There was a break above a connecting bearish trend line with resistance at $84,650 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair could start another increase if it clears the $85,200 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Eyes Fresh Upside<\/h2>\n<p>Bitcoin price started a fresh decline below the $86,200 and $85,500 levels. BTC even declined below the $84,00 level before the bulls appeared.<\/p>\n<p>The price tested the $83,200 support. A low was formed at $83,171 and the price recently started a recovery wave. The price climbed above the $84,500 resistance zone. There was a break above the 50% Fib retracement level of the downward move from the $86,400 swing high to the $83,171 low.<\/p>\n<p>Besides, there was a break above a connecting bearish trend line with resistance at $84,650 on the hourly chart of the BTC\/USD pair. Bitcoin price is now trading above $84,500 and the 100 hourly Simple moving average.<\/p>\n<p>On the upside, immediate resistance is near the $85,200 level. It is near the 61.8% Fib retracement level of the downward move from the $86,400 swing high to the $83,171 low. The first key resistance is near the $85,500 level. The next key resistance could be $86,500.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-734203\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/04\/Bitcoin_c1155c.png?resize=1024%2C478\" alt=\"Bitcoin Price\" width=\"1024\" height=\"478\" \/><\/p>\n<p>A close above the $86,500 resistance might send the price further higher. In the stated case, the price could rise and test the $87,200 resistance level. Any more gains might send the price toward the $88,800 level.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $85,200 resistance zone, it could start another decline. Immediate support on the downside is near the $84,500 level. The first major support is near the $84,000 level.<\/p>\n<p>The next support is now near the $83,200 zone. Any more losses might send the price toward the $82,500 support in the near term. The main support sits at $81,800.<\/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 $84,500, followed by $83,200.<\/p>\n<p>Major Resistance Levels \u2013 $85,200 and $85,500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is slowly moving higher above the $83,500 zone. BTC must clear the $85,200 resistance zone to continue higher in the near term. Bitcoin found support at $83,200 and started a recovery wave. The price is trading above $84,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4150,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-4149","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\/4149","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=4149"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4149\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/4150"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=4149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=4149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=4149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}