{"id":8990,"date":"2025-12-23T06:00:26","date_gmt":"2025-12-23T06:00:26","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-holds-firm-upside-extension-now-in-trader-focus\/"},"modified":"2025-12-23T06:00:26","modified_gmt":"2025-12-23T06:00:26","slug":"bitcoin-price-holds-firm-upside-extension-now-in-trader-focus","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-holds-firm-upside-extension-now-in-trader-focus\/","title":{"rendered":"Bitcoin Price Holds Firm, Upside Extension Now in Trader Focus"},"content":{"rendered":"<p><em>Bitcoin price started a decent recovery wave above $88,000. BTC is now consolidating below $89,000 and might aim for a fresh increase.<\/em><\/p>\n<ul>\n<li>Bitcoin started a recovery wave above the $87,500 zone.<\/li>\n<li>The price is trading above $87,500 and the 100 hourly Simple moving average.<\/li>\n<li>There is a bullish trend line forming with support at $87,900 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 $89,100 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Eyes More Gains<\/h2>\n<p>Bitcoin price attempted a fresh recovery wave above $87,500 and $88,000. BTC even cleared the $88,800 resistance and tested the $90,500 hurdle.<\/p>\n<p>A high was formed at $90,552 and the price is now consolidating gains. There was a minor decline below $89,000 and $88,500. The price dipped below the 23.6% Fib retracement level of the upward move from the $84,420 swing low to the $90,552 high.<\/p>\n<p>Bitcoin is now trading above $87,800 and the 100 hourly Simple moving average. There is also a bullish trend line forming with support at $87,900 on the hourly chart of the BTC\/USD pair.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-869659\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Bitcoin_6f45cf.png?resize=1024%2C488\" alt=\"Bitcoin Price \" width=\"1024\" height=\"488\" \/><\/p>\n<p>If the price remains stable above the trend line, it could attempt more gains. Immediate resistance is near the $89,100 level. The first key resistance is near the $89,500 level. The next resistance could be $90,500. A close above the $90,500 resistance might send the price further higher. In the stated case, the price could rise and test the $92,000 resistance. Any more gains might send the price toward the $92,500 level. The next barrier for the bulls could be $93,200 and $93,500.<\/p>\n<h2>Another Decline 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 $88,000 level and the trend line. The first major support is near the $87,500 level.<\/p>\n<p>The next support is now near the $86,750 zone and the 61.8% Fib retracement level of the upward move from the $84,420 swing low to the $90,552 high. Any more losses might send the price toward the $85,450 support in the near term. The main support sits at $84,500, 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 bullish 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 $88,000, followed by $87,500.<\/p>\n<p>Major Resistance Levels \u2013 $89,500 and $90,500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a decent recovery wave above $88,000. BTC is now consolidating below $89,000 and might aim for a fresh increase. Bitcoin started a recovery wave above the $87,500 zone. The price is trading above $87,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $87,900&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8991,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-8990","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\/8990","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=8990"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/8990\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/8991"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=8990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=8990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=8990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}