{"id":8774,"date":"2025-12-12T06:00:26","date_gmt":"2025-12-12T06:00:26","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-holds-firm-is-a-fresh-bullish-wave-about-to-start\/"},"modified":"2025-12-12T06:00:26","modified_gmt":"2025-12-12T06:00:26","slug":"bitcoin-price-holds-firm-is-a-fresh-bullish-wave-about-to-start","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-holds-firm-is-a-fresh-bullish-wave-about-to-start\/","title":{"rendered":"Bitcoin Price Holds Firm\u2014Is a Fresh Bullish Wave About to Start?"},"content":{"rendered":"<p><em>Bitcoin price stayed above the $90,000 support zone. BTC is now rising and might soon aim for an upside break above the $94,000 resistance.<\/em><\/p>\n<ul>\n<li>Bitcoin started a downside correction from the $94,500 zone.<\/li>\n<li>The price is trading above $92,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a bearish trend line forming with resistance at $92,950 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 $93,500 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Aims Upside Break<\/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 $92,500 support.<\/p>\n<p>There was a clear move below the 50% Fib retracement level of the upward move from the $87,776 swing low to the $94,582 high. The price even spiked below the $90,000 support. However, the bulls were active near the $89,500 zone.<\/p>\n<p>They prevented a move below the 76.4% Fib retracement level of the upward move from the $87,776 swing low to the $94,582 high. Bitcoin is now trading above $92,000 and the 100 hourly Simple moving average.<\/p>\n<p>If the bulls remain in action, the price could attempt another increase. Immediate resistance is near the $93,000 level. There is also a bearish trend line forming with resistance at $92,950 on the hourly chart of the BTC\/USD pair. The first key resistance is near the $93,500 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-866074\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Bitcoin_11cfa8.png?resize=1024%2C488\" alt=\"Bitcoin Price \" width=\"1024\" height=\"488\" \/><\/p>\n<p>The next resistance could be $94,000. A close above the $94,000 resistance might send the price further higher. In the stated case, the price could rise and test the $94,750 resistance. Any more gains might send the price toward the $95,000 level. The next barrier for the bulls could be $96,000 and $96,500.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $93,000 resistance zone, it could start another decline. Immediate support is near the $92,000 level. The first major support is near the $91,200 level.<\/p>\n<p>The next support is now near the $90,000 zone. Any more losses might send the price toward the $89,500 support in the near term. The main support sits at $88,000, 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 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 $91,200, followed by $90,000.<\/p>\n<p>Major Resistance Levels \u2013 $93,000 and $94,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price stayed above the $90,000 support zone. BTC is now rising and might soon aim for an upside break above the $94,000 resistance. Bitcoin started a downside correction from the $94,500 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8775,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-8774","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\/8774","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=8774"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/8774\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/8775"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=8774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=8774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=8774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}