{"id":9354,"date":"2026-01-12T06:00:23","date_gmt":"2026-01-12T06:00:23","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-recovery-bid-emerges-resistance-still-looms-large\/"},"modified":"2026-01-12T06:00:23","modified_gmt":"2026-01-12T06:00:23","slug":"bitcoin-price-recovery-bid-emerges-resistance-still-looms-large","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-recovery-bid-emerges-resistance-still-looms-large\/","title":{"rendered":"Bitcoin Price Recovery Bid Emerges, Resistance Still Looms Large"},"content":{"rendered":"<p><em>Bitcoin price started a downside extension below $92,000. BTC is now recovering from $89,220 and might face barriers for a fresh increase near $92,000.<\/em><\/p>\n<ul>\n<li>Bitcoin started a recovery wave above $90,000 and $90,500.<\/li>\n<li>The price is trading above $91,000 and the 100 hourly Simple moving average.<\/li>\n<li>There was a break above a bearish trend line with resistance at $90,750 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 stays above the $90,000 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Attempts Recovery<\/h2>\n<p>Bitcoin price failed to stay above $91,500 and started a downside correction. BTC dipped below $92,000 and $91,200 to enter a short-term bearish zone.<\/p>\n<p>The price even dipped below $90,500 and tested $90,000. A low was formed at $89,225 and the price is now attempting a fresh increase. There was a move above $90,500. The price climbed higher above the 23.6% Fib retracement level of the recent decline from the $93,770 swing high to the $89,225 low.<\/p>\n<p>Besides, there was a break above a bearish trend line with resistance at $90,750 on the hourly chart of the BTC\/USD pair. Bitcoin is now trading above $91,000 and the 100 hourly Simple moving average.<\/p>\n<p>If the price remains stable above $90,500, it could attempt a fresh increase. Immediate resistance is near the $92,000 level and the 50% Fib retracement level of the recent decline from the $93,770 swing high to the $89,225 low. The first key resistance is near the $92,650 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-874854\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/Bitcoin_52258d.png?resize=1024%2C488\" alt=\"Bitcoin Price\" width=\"1024\" height=\"488\" \/><\/p>\n<p>The next resistance could be $93,500. A close above the $93,500 resistance might send the price further higher. In the stated case, the price could rise and test the $94,000 resistance. Any more gains might send the price toward the $94,500 level. The next barrier for the bulls could be $95,000 and $95,500.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $92,500 resistance zone, it could start another decline. Immediate support is near the $91,250 level. The first major support is near the $90,500 level.<\/p>\n<p>The next support is now near the $90,000 zone. Any more losses might send the price toward the $89,250 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 $91,250, followed by $90,500.<\/p>\n<p>Major Resistance Levels \u2013 $92,500 and $93,500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a downside extension below $92,000. BTC is now recovering from $89,220 and might face barriers for a fresh increase near $92,000. Bitcoin started a recovery wave above $90,000 and $90,500. The price is trading above $91,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9355,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-9354","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\/9354","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=9354"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/9354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/9355"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=9354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=9354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=9354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}