{"id":5218,"date":"2025-06-12T05:00:26","date_gmt":"2025-06-12T05:00:26","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-fails-at-110k-is-the-rally-running-out-of-steam\/"},"modified":"2025-06-12T05:00:26","modified_gmt":"2025-06-12T05:00:26","slug":"bitcoin-price-fails-at-110k-is-the-rally-running-out-of-steam","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-fails-at-110k-is-the-rally-running-out-of-steam\/","title":{"rendered":"Bitcoin Price Fails at $110K\u2014Is the Rally Running Out of Steam?"},"content":{"rendered":"<p><em>Bitcoin price started a fresh increase above the $107,500 zone. BTC is now struggling to clear $110,500 and might correct some gains.<\/em><\/p>\n<ul>\n<li>Bitcoin started a fresh upward move above the $108,000 zone.<\/li>\n<li>The price is trading above $107,800 and the 100 hourly Simple moving average.<\/li>\n<li>There was a break below a bullish trend line with support at $109,450 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair could start a fresh surge if it clears the $110,000 resistance zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Corrects Gains<\/h2>\n<p>Bitcoin price started a fresh increase after it settled above the $105,500 support zone. BTC was able to surpass the $106,500 and $108,000 resistance levels.<\/p>\n<p>The bulls even pumped the price above the $109,200 resistance. A high was formed near $110,375 and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $105,477 swing low to the $110,373 high.<\/p>\n<p>Besides, there was a break below a bullish trend line with support at $109,450 on the hourly chart of the BTC\/USD pair. Bitcoin is now trading above $107,500 and the 100 hourly Simple moving average.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-770285\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/Bitcoin_6b0983.png?resize=1024%2C449\" alt=\"Bitcoin Price\" width=\"1024\" height=\"449\" \/><\/p>\n<p>On the upside, immediate resistance is near the $109,250 level. The first key resistance is near the $110,000 level. The next key resistance could be $110,500. A close above the $110,500 resistance might send the price further higher. In the stated case, the price could rise and test the $112,000 resistance level. Any more gains might send the price toward the $115,000 level.<\/p>\n<h2>More Losses In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $110,000 resistance zone, it could start another decline. Immediate support is near the $108,000 level and the 50% Fib retracement level of the upward move from the $105,477 swing low to the $110,373 high. The first major support is near the $107,350 level.<\/p>\n<p>The next support is now near the $106,550 zone. Any more losses might send the price toward the $105,500 support in the near term. The main support sits at $105,000, below which BTC might gain bearish momentum.<\/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 below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $108,000, followed by $107,350.<\/p>\n<p>Major Resistance Levels \u2013 $110,000 and $110,500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a fresh increase above the $107,500 zone. BTC is now struggling to clear $110,500 and might correct some gains. Bitcoin started a fresh upward move above the $108,000 zone. The price is trading above $107,800 and the 100 hourly Simple moving average. There was a break below a bullish trend line with&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5219,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-5218","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\/5218","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=5218"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5218\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/5219"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=5218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=5218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=5218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}