{"id":9695,"date":"2026-01-29T06:00:25","date_gmt":"2026-01-29T06:00:25","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-backs-off-resistance-breakdown-or-brief-pause\/"},"modified":"2026-01-29T06:00:25","modified_gmt":"2026-01-29T06:00:25","slug":"bitcoin-price-backs-off-resistance-breakdown-or-brief-pause","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-backs-off-resistance-breakdown-or-brief-pause\/","title":{"rendered":"Bitcoin Price Backs Off Resistance \u2014 Breakdown Or Brief Pause?"},"content":{"rendered":"<p><em>Bitcoin price started a recovery wave above $89,500 but failed above $90,000. BTC is declining and might dip further if it breaks $88,000.<\/em><\/p>\n<ul>\n<li>Bitcoin failed to remain above $90,000 and started another decline.<\/li>\n<li>The price is trading above $88,200 and the 100 hourly simple moving average.<\/li>\n<li>There is a rising channel forming with support at $88,100 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might dip further if it trades below the $88,000 and $87,500 levels.<\/li>\n<\/ul>\n<h2>Bitcoin Price Faces Rejection<\/h2>\n<p>Bitcoin price remained stable above the $88,000 support. BTC formed a base and recently started a recovery wave above the $88,500 level.<\/p>\n<p>The price climbed above the $89,000 and $89,500 levels. There was a move above the 76.4% Fib retracement level of the downward move from the $91,098 swing high to the $86,007 low. The bulls even pushed the price above $90,000 but they failed to keep the price in a positive zone.<\/p>\n<p>There was a fresh decline below $89,000. Bitcoin is now trading above $88,200 and the 100 hourly simple moving average. Besides, there is a rising channel forming with support at $88,100 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>If the price remains stable above $88,000, it could attempt a fresh increase. Immediate resistance is near the $89,150 level. The first key resistance is near the $89,800 level. A close above the $89,800 resistance might send the price further higher.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-878155\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/Bitcoin_f210ed.png?resize=1024%2C509\" alt=\"Bitcoin Price \" width=\"1024\" height=\"509\" \/><\/p>\n<p>In the stated case, the price could rise and test the $90,250 resistance. Any more gains might send the price toward the $91,200 level. The next barrier for the bulls could be $92,000 and $92,500.<\/p>\n<h2>Another Rejection In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $89,150 resistance zone, it could start another decline. Immediate support is near the $88,200 level. The first major support is near the $88,000 level.<\/p>\n<p>The next support is now near the $87,200 zone. Any more losses might send the price toward the $87,000 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 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 $88,200, followed by $87,000.<\/p>\n<p>Major Resistance Levels \u2013 $89,150 and $89,800.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a recovery wave above $89,500 but failed above $90,000. BTC is declining and might dip further if it breaks $88,000. Bitcoin failed to remain above $90,000 and started another decline. The price is trading above $88,200 and the 100 hourly simple moving average. There is a rising channel forming with support at&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9696,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-9695","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\/9695","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=9695"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/9695\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/9696"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=9695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=9695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=9695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}