{"id":8752,"date":"2025-12-11T06:00:23","date_gmt":"2025-12-11T06:00:23","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-slides-from-peak-levels-is-a-bigger-correction-on-deck\/"},"modified":"2025-12-11T06:00:23","modified_gmt":"2025-12-11T06:00:23","slug":"bitcoin-price-slides-from-peak-levels-is-a-bigger-correction-on-deck","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-slides-from-peak-levels-is-a-bigger-correction-on-deck\/","title":{"rendered":"Bitcoin Price Slides From Peak Levels\u2014Is a Bigger Correction on Deck?"},"content":{"rendered":"<p><em>Bitcoin price failed to continue higher above $94,000. BTC is now gaining bearish pace and might decline further below $89,500.<\/em><\/p>\n<ul>\n<li>Bitcoin started a downside correction from the $94,500 zone.<\/li>\n<li>The price is trading below $92,000 and the 100 hourly Simple moving average.<\/li>\n<li>There was a break below a bullish trend line with support at $91,600 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 $89,500 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Dips Again<\/h2>\n<p>Bitcoin price failed to gain strength for a move above the $94,000 and $94,500 levels. BTC started a downside correction and traded below the $92,000 support.<\/p>\n<p>There was a clear move below the 50% Fib retracement level of the upward move from the $87,777 swing low to the $94,583 high. Besides, there was a break below a bullish trend line with support at $91,600 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>Bitcoin is now trading below $91,200 and the 100 hourly Simple moving average. The price is now approaching the $89,500 support, and the 76.4% Fib retracement level of the upward move from the $87,777 swing low to the $94,583 high.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-865535\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Bitcoin_c19912.png?resize=1024%2C488\" alt=\"Bitcoin Price \" width=\"1024\" height=\"488\" \/><\/p>\n<p>If the bulls remain in action, the price could attempt another increase. Immediate resistance is near the $91,200 level. The first key resistance is near the $91,500 level. The next resistance could be $92,000. A close above the $92,000 resistance might send the price further higher. In the stated case, the price could rise and test the $92,850 resistance. Any more gains might send the price toward the $93,500 level. The next barrier for the bulls could be $94,000 and $94,500.<\/p>\n<h2>More Losses In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $92,000 resistance zone, it could start another decline. Immediate support is near the $89,500 level. The first major support is near the $88,800 level.<\/p>\n<p>The next support is now near the $87,750 zone. Any more losses might send the price toward the $86,500 support in the near term. The main support sits at $85,000, 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 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 $89,500, followed by $88,800.<\/p>\n<p>Major Resistance Levels \u2013 $91,200 and $92,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price failed to continue higher above $94,000. BTC is now gaining bearish pace and might decline further below $89,500. Bitcoin started a downside correction from the $94,500 zone. The price is trading below $92,000 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $91,600&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8753,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-8752","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\/8752","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=8752"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/8752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/8753"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=8752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=8752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=8752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}