{"id":7902,"date":"2025-10-29T06:00:22","date_gmt":"2025-10-29T06:00:22","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-faces-rejection-resistance-zone-caps-upside-after-recent-increase\/"},"modified":"2025-10-29T06:00:22","modified_gmt":"2025-10-29T06:00:22","slug":"bitcoin-faces-rejection-resistance-zone-caps-upside-after-recent-increase","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-faces-rejection-resistance-zone-caps-upside-after-recent-increase\/","title":{"rendered":"Bitcoin Faces Rejection \u2014 Resistance Zone Caps Upside After Recent Increase"},"content":{"rendered":"<p><em>Bitcoin price is correcting gains below $113,500. BTC could continue to move down if it stays below the $114,200 resistance.<\/em><\/p>\n<ul>\n<li>Bitcoin started a downside correction below the $114,200 support.<\/li>\n<li>The price is trading below $114,000 and the 100 hourly Simple moving average.<\/li>\n<li>There was a break below a bullish trend line with support at $114,050 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might continue to move down if it trades below the $112,000 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Starts Pullback<\/h2>\n<p>Bitcoin price extended gains above the $113,500 zone. BTC gained pace for a move above the $115,000 pivot level. The price even spiked above $116,200 before the bears appeared.<\/p>\n<p>A high was formed at $116,309 and the price is now correcting some gains. There was a move below the $114,200 support zone. The price dipped below the 23.6% Fib retracement level of the recent wave from the $106,718 swing low to the $116,309 high.<\/p>\n<p>Moreover, there was a break below a bullish trend line with support at $114,050 on the hourly chart of the BTC\/USD pair. Bitcoin is now trading below $114,000 and the 100 hourly Simple moving average.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-845666\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/10\/Bitcoin_7e2cfd.png?resize=1024%2C493\" alt=\"Bitcoin Price\" width=\"1024\" height=\"493\" \/><\/p>\n<p>Immediate resistance on the upside is near the $113,650 level. The first key resistance is near the $114,200 level. The next resistance could be $115,000. A close above the $115,000 resistance might send the price further higher. In the stated case, the price could rise and test the $116,200 resistance. Any more gains might send the price toward the $117,500 level. The next barrier for the bulls could be $118,000.<\/p>\n<h2>More Losses In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $114,200 resistance zone, it could continue to move down. Immediate support is near the $112,000 level. The first major support is near the $111,500 level or the 50% Fib retracement level of the recent wave from the $106,718 swing low to the $116,309 high.<\/p>\n<p>The next support is now near the $110,500 zone. Any more losses might send the price toward the $110,000 support in the near term. The main support sits at $108,500, below which BTC might struggle to recover in the short term.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now gaining pace in the bearish 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 $112,000, followed by $111,500.<\/p>\n<p>Major Resistance Levels \u2013 $114,200 and $115,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is correcting gains below $113,500. BTC could continue to move down if it stays below the $114,200 resistance. Bitcoin started a downside correction below the $114,200 support. The price is trading below $114,000 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $114,050&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7903,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-7902","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\/7902","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=7902"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/7902\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/7903"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=7902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=7902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=7902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}