{"id":9120,"date":"2025-12-30T06:00:22","date_gmt":"2025-12-30T06:00:22","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-erases-recent-gains-raising-fresh-downside-risks\/"},"modified":"2025-12-30T06:00:22","modified_gmt":"2025-12-30T06:00:22","slug":"bitcoin-price-erases-recent-gains-raising-fresh-downside-risks","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-erases-recent-gains-raising-fresh-downside-risks\/","title":{"rendered":"Bitcoin Price Erases Recent Gains, Raising Fresh Downside Risks"},"content":{"rendered":"<p><em>Bitcoin price failed to clear $90,000 and trimmed all gains. BTC is now consolidating losses and might struggle to stay above $86,500.<\/em><\/p>\n<ul>\n<li>Bitcoin started a recovery wave but failed to surpass $90,000.<\/li>\n<li>The price is trading below $88,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a declining channel forming with resistance at $87,500 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 trades below the $86,500 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Dips Sharply<\/h2>\n<p>Bitcoin price attempted a fresh increase above $88,500 and started a recovery wave. BTC even climbed above the $89,000 barrier but struggled near $90,000.<\/p>\n<p>A high was formed at $90,298 before the bears appeared. There was a sharp downside reaction below $89,000. BTC trimmed all gains and even dived below $88,000. A low was formed at $86,700, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $90,298 swing high to the $86,700 low.<\/p>\n<p>Bitcoin is now trading below $88,000 and the 100 hourly Simple moving average. If the price remains stable above $86,500, it could attempt a fresh recovery wave. Immediate resistance is near the $87,500 level. Besides, there is a declining channel forming with resistance at $87,500 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>The first key resistance is near the $88,000 level. The next resistance could be $88,500 and the 50% Fib retracement level of the downward move from the $90,298 swing high to the $86,700 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-870862\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Bitcoin_9556e0.png?resize=1024%2C468\" alt=\"Bitcoin Price \" width=\"1024\" height=\"468\" \/><\/p>\n<p>A close above the $88,500 resistance might send the price further higher. In the stated case, the price could rise and test the $89,200 resistance. Any more gains might send the price toward the $90,000 level. The next barrier for the bulls could be $90,500 and $91,200.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $88,500 resistance zone, it could start another decline. Immediate support is near the $86,500 level. The first major support is near the $86,000 level.<\/p>\n<p>The next support is now near the $85,500 zone. Any more losses might send the price toward the $85,000 support in the near term. The main support sits at $83,500, 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 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 $87,500, followed by $88,000.<\/p>\n<p>Major Resistance Levels \u2013 $86,500 and $86,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price failed to clear $90,000 and trimmed all gains. BTC is now consolidating losses and might struggle to stay above $86,500. Bitcoin started a recovery wave but failed to surpass $90,000. The price is trading below $88,000 and the 100 hourly Simple moving average. There is a declining channel forming with resistance at $87,500&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9121,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-9120","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\/9120","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=9120"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/9120\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/9121"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=9120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=9120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=9120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}