{"id":8410,"date":"2025-11-24T06:00:19","date_gmt":"2025-11-24T06:00:19","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-tries-rebound-move-as-dip-buyers-step-in-cautiously\/"},"modified":"2025-11-24T06:00:19","modified_gmt":"2025-11-24T06:00:19","slug":"bitcoin-price-tries-rebound-move-as-dip-buyers-step-in-cautiously","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-tries-rebound-move-as-dip-buyers-step-in-cautiously\/","title":{"rendered":"Bitcoin Price Tries Rebound Move as Dip-Buyers Step In Cautiously"},"content":{"rendered":"<p><em>Bitcoin price started another decline below $88,000. BTC is now attempting to recover and might face hurdles near the $89,500 zone.<\/em><\/p>\n<ul>\n<li>Bitcoin started a fresh decline below $90,000 and $88,000.<\/li>\n<li>The price is trading below $89,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a bearish trend line forming with resistance at $89,500 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 settles below the $85,000 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Attempts Recovery<\/h2>\n<p>Bitcoin price failed to stay in a positive zone above the $90,000 level. BTC bears remained active below $88,000 and pushed the price lower.<\/p>\n<p>The bears gained strength and were able to push the price below the $85,000 zone. A low was formed at $80,595, and the price is now attempting to recover. There was a move above $85,000. The price climbed above the 50% Fib retracement level of the recent decline from the $92,872 swing high to the $80,595 low.<\/p>\n<p>Bitcoin is now trading below $89,000 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $89,500 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>If the bulls attempt another recovery wave, the price could face resistance near the $88,150 level and the 61.8% Fib retracement level of the recent decline from the $92,872 swing high to the $80,595 low. The first key resistance is near the $89,500 level and the trend line.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-857112\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Bitcoin_8ef950.png?resize=1024%2C493\" alt=\"Bitcoin Price \" width=\"1024\" height=\"493\" \/><\/p>\n<p>The next resistance could be $90,000. A close above the $90,000 resistance might send the price further higher. In the stated case, the price could rise and test the $92,500 resistance. Any more gains might send the price toward the $93,200 level. The next barrier for the bulls could be $94,500 and $95,000.<\/p>\n<h2>More Losses In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $89,500 resistance zone, it could start another decline. Immediate support is near the $86,500 level. The first major support is near the $85,000 level.<\/p>\n<p>The next support is now near the $83,500 zone. Any more losses might send the price toward the $82,500 support in the near term. The main support sits at $80,000, below which BTC might accelerate lower in the near term.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now losing pace in the bearish 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 $86,500, followed by $85,000.<\/p>\n<p>Major Resistance Levels \u2013 $89,500 and $90,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started another decline below $88,000. BTC is now attempting to recover and might face hurdles near the $89,500 zone. Bitcoin started a fresh decline below $90,000 and $88,000. The price is trading below $89,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $89,500 on&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8411,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-8410","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\/8410","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=8410"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/8410\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/8411"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=8410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=8410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=8410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}