{"id":10553,"date":"2026-03-17T05:11:08","date_gmt":"2026-03-17T05:11:08","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-rally-roars-on-76k-level-falls-to-bulls\/"},"modified":"2026-03-17T05:11:08","modified_gmt":"2026-03-17T05:11:08","slug":"bitcoin-price-rally-roars-on-76k-level-falls-to-bulls","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-rally-roars-on-76k-level-falls-to-bulls\/","title":{"rendered":"Bitcoin Price Rally Roars On \u2014 $76K Level Falls to Bulls"},"content":{"rendered":"<p><em>Bitcoin price started a strong increase above the $75,000 zone. BTC is now consolidating and might aim for more gains if it clears $76,000.<\/em><\/p>\n<ul>\n<li>Bitcoin started a decent upward move above the $74,000 zone.<\/li>\n<li>The price is trading above $74,200 and the 100 hourly simple moving average.<\/li>\n<li>There is a bullish trend line forming with support at $71,650 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might continue to rise if it clears the $75,500 and $76,000 levels.<\/li>\n<\/ul>\n<h2>Bitcoin Price Extends Rally<\/h2>\n<p>Bitcoin price remained supported and extended its increase above the $72,500 level. BTC climbed above the $73,200 and $74,000 resistance levels.<\/p>\n<p>The bulls were able to pump the price above $75,000. A high was formed at $75,998, and the price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $70,293 swing low to the $75,998 high.<\/p>\n<p>Bitcoin is now trading above $74,000 and the 100 hourly simple moving average. Besides, there is a bullish trend line forming with support at $71,650 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-887675\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Bitcoin_f6cbfd.png?resize=1024%2C512\" alt=\"Bitcoin Price \" width=\"1024\" height=\"512\" \/><\/p>\n<p>If the price remains stable above $73,500, it could attempt a fresh increase. Immediate resistance is near the $75,500 level. The first key resistance is near the $76,000 level. A close above the $76,000 resistance might send the price further higher. In the stated case, the price could rise and test the $76,800 resistance. Any more gains might send the price toward the $78,000 level. The next barrier for the bulls could be $80,000.<\/p>\n<h2>Downside Correction In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $76,000 resistance zone, it could start another decline. Immediate support is near the $74,500 level. The first major support is near the $73,200 level or the 50% Fib retracement level of the recent upward move from the $70,293 swing low to the $75,998 high.<\/p>\n<p>The next support is now near the $72,000 zone. Any more losses might send the price toward the $71,200 support in the near term. The main support now sits at $70,000, 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 $74,500, followed by $73,200.<\/p>\n<p>Major Resistance Levels \u2013 $75,500 and $76,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a strong increase above the $75,000 zone. BTC is now consolidating and might aim for more gains if it clears $76,000. Bitcoin started a decent upward move above the $74,000 zone. The price is trading above $74,200 and the 100 hourly simple moving average. There is a bullish trend line forming with&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[65,108,73,70,71,146],"class_list":["post-10553","post","type-post","status-publish","format-standard","hentry","category-btc","tag-bitcoin","tag-bitcoin-price","tag-btc","tag-btcusd","tag-btcusdt","tag-xbtusd"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=10553"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10553\/revisions"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=10553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=10553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=10553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}