{"id":8135,"date":"2025-11-10T06:00:20","date_gmt":"2025-11-10T06:00:20","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-attempts-rebound-after-sell-off-can-bulls-sustain-move\/"},"modified":"2025-11-10T06:00:20","modified_gmt":"2025-11-10T06:00:20","slug":"bitcoin-price-attempts-rebound-after-sell-off-can-bulls-sustain-move","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-attempts-rebound-after-sell-off-can-bulls-sustain-move\/","title":{"rendered":"Bitcoin Price Attempts Rebound After Sell-Off, Can Bulls Sustain Move?"},"content":{"rendered":"<p><em>Bitcoin price is attempting to recover above $103,500. BTC could continue to move up if it clears the $106,500 resistance zone.<\/em><\/p>\n<ul>\n<li>Bitcoin started a decent recovery wave above the $103,500 support.<\/li>\n<li>The price is trading above $104,500 and the 100 hourly Simple moving average.<\/li>\n<li>There was a break above a key bearish trend line with resistance at $102,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might continue to move up if it clears the $106,500 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Recovers 3%<\/h2>\n<p>Bitcoin price managed to stay above the $101,000 support level and started a recovery wave. BTC recovered above the $102,500 and $103,500 resistance levels.<\/p>\n<p>There was a break above a key bearish trend line with resistance at $102,000 on the hourly chart of the BTC\/USD pair. The pair even climbed above $105,000. Finally, it tested the $106,500 resistance zone. A high was formed at $106,593 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $99,222 swing low to the $106,593 high.<\/p>\n<p>Bitcoin is now trading above $104,000 and the 100 hourly Simple moving average. If the bulls attempt another recovery wave, the price could face resistance near the $106,000 level. The first key resistance is near the $106,500 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-851306\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Bitcoin_1d9374.png?resize=1024%2C493\" alt=\"Bitcoin Price \" width=\"1024\" height=\"493\" \/><\/p>\n<p>The next resistance could be $107,500. A close above the $107,500 resistance might send the price further higher. In the stated case, the price could rise and test the $108,000 resistance. Any more gains might send the price toward the $109,200 level. The next barrier for the bulls could be $109,800 and $110,500.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $106,500 resistance zone, it could start another decline. Immediate support is near the $104,850 level. The first major support is near the $104,200 level.<\/p>\n<p>The next support is now near the $103,500 zone. Any more losses might send the price toward the $102,900 support in the near term. The main support sits at $102,500, below which BTC might struggle to recover in the near term.<\/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 $104,850, followed by $104,200.<\/p>\n<p>Major Resistance Levels \u2013 $106,000 and $106,500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is attempting to recover above $103,500. BTC could continue to move up if it clears the $106,500 resistance zone. Bitcoin started a decent recovery wave above the $103,500 support. The price is trading above $104,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8136,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-8135","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\/8135","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=8135"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/8135\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/8136"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=8135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=8135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=8135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}