{"id":5181,"date":"2025-06-10T05:00:26","date_gmt":"2025-06-10T05:00:26","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-rises-again-are-bulls-charging-toward-a-new-all-time-high\/"},"modified":"2025-06-10T05:00:26","modified_gmt":"2025-06-10T05:00:26","slug":"bitcoin-price-rises-again-are-bulls-charging-toward-a-new-all-time-high","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-rises-again-are-bulls-charging-toward-a-new-all-time-high\/","title":{"rendered":"Bitcoin Price Rises Again\u2014Are Bulls Charging Toward a New All-Time High?"},"content":{"rendered":"<p><em>Bitcoin price started a fresh increase above the $106,000 zone. BTC is now consolidating and might attempt to clear the $110,500 resistance.<\/em><\/p>\n<ul>\n<li>Bitcoin started a fresh upward move above the $107,000 zone.<\/li>\n<li>The price is trading above $107,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a bullish trend line forming with support at $106,850 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair could start a fresh decline if it breaks the $105,000 support zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Gains Pace<\/h2>\n<p>Bitcoin price started a fresh increase after it settled above the $103,500 support zone. BTC was able to surpass the $104,400 and $105,000 resistance levels.<\/p>\n<p>The bulls even pumped the price above the $108,000 resistance. A high was formed at $110,550 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $100,400 swing low to the $110,550 high.<\/p>\n<p>Bitcoin is now trading above $108,000 and the 100 hourly Simple moving average. There is also a bullish trend line forming with support at $106,850 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-768643\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/Bitcoin_668cc5.png?resize=1024%2C449\" alt=\"Bitcoin Price\" width=\"1024\" height=\"449\" \/><\/p>\n<p>On the upside, immediate resistance is near the $110,000 level. The first key resistance is near the $110,500 level. The next key resistance could be $112,500. A close above the $112,500 resistance might send the price further higher. In the stated case, the price could rise and test the $113,800 resistance level. Any more gains might send the price toward the $115,000 level.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $110,500 resistance zone, it could start another decline. Immediate support is near the $108,200 level. The first major support is near the $106,500 level and the trend line.<\/p>\n<p>The next support is now near the $105,500 zone and the 50% Fib retracement level of the upward move from the $100,400 swing low to the $110,550 high. Any more losses might send the price toward the $103,500 support in the near term. The main support sits at $102,000, below which BTC might gain bearish momentum.<\/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 $108,000, followed by $106,500.<\/p>\n<p>Major Resistance Levels \u2013 $110,500 and $112,500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a fresh increase above the $106,000 zone. BTC is now consolidating and might attempt to clear the $110,500 resistance. Bitcoin started a fresh upward move above the $107,000 zone. The price is trading above $107,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5182,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-5181","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\/5181","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=5181"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/5182"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=5181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=5181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=5181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}