{"id":4354,"date":"2025-04-30T04:11:07","date_gmt":"2025-04-30T04:11:07","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-steady-above-key-levels-ready-for-a-new-push-higher\/"},"modified":"2025-04-30T04:11:07","modified_gmt":"2025-04-30T04:11:07","slug":"bitcoin-price-steady-above-key-levels-ready-for-a-new-push-higher","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-steady-above-key-levels-ready-for-a-new-push-higher\/","title":{"rendered":"Bitcoin Price Steady Above Key Levels \u2014 Ready for a New Push Higher?"},"content":{"rendered":"<p><em>Bitcoin price is consolidating gains above the $94,000 zone. BTC is again rising and might aim for a move above the $95,500 resistance zone.<\/em><\/p>\n<ul>\n<li>Bitcoin remained supported above the $93,850 zone.<\/li>\n<li>The price is trading above $94,100 and the 100 hourly Simple moving average.<\/li>\n<li>There was a break below a connecting bullish trend line with support at $94,850 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair could start another increase if it clears the $95,500 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Eyes Fresh Surge<\/h2>\n<p>Bitcoin price started a short-term downside correction from the $95,500 resistance zone. BTC declined below the $95,000 and $94,500 support levels.<\/p>\n<p>There was a move below the 50% Fib retracement level of the upward move from the $92,900 swing low to the $95,488 high. Besides, there was a break below a connecting bullish trend line with support at $94,850 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>However, the bulls were active near the $93,850 support and the 61.8% Fib retracement level of the upward move from the $92,900 swing low to the $95,488 high.<\/p>\n<p>Bitcoin price is now trading above $94,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $95,000 level. The first key resistance is near the $95,250 level. The next key resistance could be $95,500.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-740557\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/04\/Bitcoin_152219.png?resize=1024%2C449\" alt=\"Bitcoin Price\" width=\"1024\" height=\"449\" \/><\/p>\n<p>A close above the $95,500 resistance might send the price further higher. In the stated case, the price could rise and test the $96,500 resistance level. Any more gains might send the price toward the $98,000 level.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $95,500 resistance zone, it could start another downside correction. Immediate support on the downside is near the $94,500 level. The first major support is near the $93,850 level.<\/p>\n<p>The next support is now near the $93,500 zone. Any more losses might send the price toward the $92,500 support in the near term. The main support sits at $91,200.<\/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 $94,500, followed by $93,850.<\/p>\n<p>Major Resistance Levels \u2013 $95,250 and $95,500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is consolidating gains above the $94,000 zone. BTC is again rising and might aim for a move above the $95,500 resistance zone. Bitcoin remained supported above the $93,850 zone. The price is trading above $94,100 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4355,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[65,108,73,70,71,146],"class_list":["post-4354","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:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/4354","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=4354"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/4354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/4355"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=4354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=4354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=4354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}