{"id":9654,"date":"2026-01-27T06:00:24","date_gmt":"2026-01-27T06:00:24","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-recovery-attempts-rise-but-upside-remains-challenged\/"},"modified":"2026-01-27T06:00:24","modified_gmt":"2026-01-27T06:00:24","slug":"bitcoin-price-recovery-attempts-rise-but-upside-remains-challenged","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-recovery-attempts-rise-but-upside-remains-challenged\/","title":{"rendered":"Bitcoin Price Recovery Attempts Rise, But Upside Remains Challenged"},"content":{"rendered":"<p><em>Bitcoin price started a recovery wave from $86,000. BTC is slowly moving higher and might rise further if it clears $89,500.<\/em><\/p>\n<ul>\n<li>Bitcoin started a minor recovery wave from the $86,000 level.<\/li>\n<li>The price is trading near $88,500 and the 100 hourly simple moving average.<\/li>\n<li>There was a break above a bearish trend line with resistance at $88,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might recover if it manages to settle above $88,800 and $89,500.<\/li>\n<\/ul>\n<h2>Bitcoin Price Attempts Rebound<\/h2>\n<p>Bitcoin price extended losses and traded below the $87,200 support. BTC even declined below $86,500 before the bulls appeared. A low was formed at $86,007, and the price is now attempting a recovery wave.<\/p>\n<p>The price climbed above the $87,000 and $87,500 levels. There was a move above the 50% Fib retracement level of the downward move from the $91,099 swing high to the $86,007 low. Besides, there was a break above a bearish trend line with resistance at $88,000 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>Bitcoin is now trading near $88,500 and the 100 hourly simple moving average. If the price remains stable above $87,500, it could attempt a fresh increase. Immediate resistance is near the $88,800 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-877854\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/Bitcoin_e9e9a1.png?resize=1024%2C488\" alt=\"Bitcoin Price \" width=\"1024\" height=\"488\" \/><\/p>\n<p>The first key resistance is near the $89,150 level since it is close to the 61.8% Fib retracement level of the downward move from the $91,099 swing high to the $86,007 low. A close above the $89,150 resistance might send the price further higher. In the stated case, the price could rise and test the $89,500 resistance. Any more gains might send the price toward the $90,000 level. The next barrier for the bulls could be $91,000 and $91,500.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $88,800 resistance zone, it could start another decline. Immediate support is near the $88,000 level. The first major support is near the $87,200 level.<\/p>\n<p>The next support is now near the $86,700 zone. Any more losses might send the price toward the $86,200 support in the near term. The main support sits at $86,000, below which BTC might struggle to recover 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 $88,000, followed by $87,200.<\/p>\n<p>Major Resistance Levels \u2013 $88,800 and $89,500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a recovery wave from $86,000. BTC is slowly moving higher and might rise further if it clears $89,500. Bitcoin started a minor recovery wave from the $86,000 level. The price is trading near $88,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9655,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-9654","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\/9654","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=9654"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/9654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/9655"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=9654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=9654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=9654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}