{"id":8161,"date":"2025-11-11T06:00:22","date_gmt":"2025-11-11T06:00:22","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-confronts-major-technical-wall-around-107k-momentum-starts-to-slow\/"},"modified":"2025-11-11T06:00:22","modified_gmt":"2025-11-11T06:00:22","slug":"bitcoin-price-confronts-major-technical-wall-around-107k-momentum-starts-to-slow","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-confronts-major-technical-wall-around-107k-momentum-starts-to-slow\/","title":{"rendered":"Bitcoin Price Confronts Major Technical Wall Around $107K, Momentum Starts to Slow"},"content":{"rendered":"<p><em>Bitcoin price is attempting to recover above $105,500. BTC could continue to move up if it clears the $107,000 resistance zone.<\/em><\/p>\n<ul>\n<li>Bitcoin started a decent recovery wave above the $105,000 support.<\/li>\n<li>The price is trading above $105,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a bullish trend line forming with support at $104,000 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 settles above the $107,000 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Faces Key Resistance<\/h2>\n<p>Bitcoin price managed to stay above the $102,000 support level and started a recovery wave. BTC recovered above the $103,500 and $104,200 resistance levels.<\/p>\n<p>The pair even climbed above $105,500. Finally, it tested the $107,500 resistance zone. A high was formed at $107,400 and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $99,222 swing low to the $107,400 high.<\/p>\n<p>Bitcoin is now trading above $105,000 and the 100 hourly Simple moving average. If the bulls attempt another recovery wave, the price could face resistance near the $106,600 level. The first key resistance is near the $107,000 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-851846\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Bitcoin_8bd6df.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 $107,000 resistance zone, it could start another decline. Immediate support is near the $104,800 level. The first major support is near the $104,000 level and the trend line.<\/p>\n<p>The next support is now near the $103,300 zone or the 50% Fib retracement level of the upward move from the $99,222 swing low to the $107,400 high. Any more losses might send the price toward the $102,350 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 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 $104,850, followed by $104,000.<\/p>\n<p>Major Resistance Levels \u2013 $106,500 and $107,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is attempting to recover above $105,500. BTC could continue to move up if it clears the $107,000 resistance zone. Bitcoin started a decent recovery wave above the $105,000 support. The price is trading above $105,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $104,000&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8162,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-8161","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\/8161","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=8161"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/8161\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/8162"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=8161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=8161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=8161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}