{"id":6788,"date":"2025-09-03T05:00:44","date_gmt":"2025-09-03T05:00:44","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-recovery-hopes-rise-can-bulls-push-it-past-resistance\/"},"modified":"2025-09-03T05:00:44","modified_gmt":"2025-09-03T05:00:44","slug":"bitcoin-price-recovery-hopes-rise-can-bulls-push-it-past-resistance","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-recovery-hopes-rise-can-bulls-push-it-past-resistance\/","title":{"rendered":"Bitcoin Price Recovery Hopes Rise \u2013 Can Bulls Push It Past Resistance?"},"content":{"rendered":"<p><em>Bitcoin price is attempting a recovery wave above $110,000. BTC is now rising and might gain pace if it clears the $112,000 resistance level.<\/em><\/p>\n<ul>\n<li>Bitcoin started a recovery wave above the $110,000 zone.<\/li>\n<li>The price is trading above $111,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a short-term rising channel forming with support at $110,500 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might start another decline if it stays below the $112,000 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Starts Recovery<\/h2>\n<p>Bitcoin price started a fresh recovery wave above the $108,500 zone. BTC was able to climb above the $108,800 and $110,000 resistance levels.<\/p>\n<p>The price cleared the 50% Fib retracement level of the key drop from the $113,457 swing high to the $107,352 low. The upward move was such that the price spiked above the $111,200 level. Besides, there is a short-term rising channel forming with support at $110,500 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>However, the bears are still active near $111,500. Bitcoin is now trading above $110,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $111,500 level. The first key resistance is near the $112,000 level or the 76.4% Fib retracement level of the key drop from the $113,457 swing high to the $107,352 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-814927\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/09\/Bitcoin_7c2db9.png?resize=1024%2C493\" alt=\"Bitcoin Price \" width=\"1024\" height=\"493\" \/><\/p>\n<p>The next 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 $113,450 resistance level. Any more gains might send the price toward the $114,500 level. The main target could be $115,500.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $112,000 resistance zone, it could start a fresh decline. Immediate support is near the $110,400 level. The first major support is near the $109,500 level.<\/p>\n<p>The next support is now near the $108,500 zone. Any more losses might send the price toward the $107,350 support in the near term. The main support sits at $105,500, below which BTC might decline sharply.<\/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 above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $110,400, followed by $109,500.<\/p>\n<p>Major Resistance Levels \u2013 $111,500 and $112,500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is attempting a recovery wave above $110,000. BTC is now rising and might gain pace if it clears the $112,000 resistance level. Bitcoin started a recovery wave above the $110,000 zone. The price is trading above $111,000 and the 100 hourly Simple moving average. There is a short-term rising channel forming with support&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6789,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-6788","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\/6788","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=6788"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/6789"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=6788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=6788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=6788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}