{"id":7068,"date":"2025-09-18T04:11:09","date_gmt":"2025-09-18T04:11:09","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-faces-big-test-resistance-could-decide-next-move\/"},"modified":"2025-09-18T04:11:09","modified_gmt":"2025-09-18T04:11:09","slug":"bitcoin-price-faces-big-test-resistance-could-decide-next-move","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-faces-big-test-resistance-could-decide-next-move\/","title":{"rendered":"Bitcoin Price Faces Big Test \u2013 Resistance Could Decide Next Move"},"content":{"rendered":"<p><em>Bitcoin price is moving higher above $116,500. BTC is now facing hurdles and might gain bullish momentum if it clears the $117,250 resistance zone.<\/em><\/p>\n<ul>\n<li>Bitcoin started a fresh increase above the $116,200 zone.<\/li>\n<li>The price is trading below $116,200 and the 100 hourly Simple moving average.<\/li>\n<li>There is a key bullish trend line forming with support at $115,500 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might start another increase if it clears the $117,250 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Faces Key Hurdle<\/h2>\n<p>Bitcoin price started a fresh upward wave above the $115,500 zone. BTC managed to climb above the $116,000 and $116,200 resistance levels.<\/p>\n<p>The bulls were able to push the price above $117,000. The price traded as high as $117,291 and recently started a downside correction. There was a move below the $116,800 level. The price dipped below the 50% Fib retracement level of the recent move from the $114,157 swing low to the $117,291 high.<\/p>\n<p>However, the bulls were active near $115,000 and the 61.8% Fib retracement level of the recent move from the $114,157 swing low to the $117,291 high. Bitcoin is now trading above $116,200 and the 100 hourly Simple moving average. Besides, there is a key bullish trend line forming with support at $115,500 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-823549\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/09\/Bitcoin_982748.png?resize=1024%2C493\" alt=\"Bitcoin Price\" width=\"1024\" height=\"493\" \/><\/p>\n<p>Immediate resistance on the upside is near the $116,950 level. The first key resistance is near the $117,250 level. The next resistance could be $117,800. A close above the $117,800 resistance might send the price further higher. In the stated case, the price could rise and test the $118,500 resistance level. Any more gains might send the price toward the $118,800 level. The next barrier for the bulls could be $119,250.<\/p>\n<h2>Another Drop In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $117,250 resistance zone, it could start a fresh decline. Immediate support is near the $116,200 level. The first major support is near the $115,500 level or the trend line.<\/p>\n<p>The next support is now near the $115,000 zone. Any more losses might send the price toward the $114,500 support in the near term. The main support sits at $112,500, below which BTC might decline heavily.<\/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 $115,500, followed by $115,000.<\/p>\n<p>Major Resistance Levels \u2013 $116,950 and $117,250.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is moving higher above $116,500. BTC is now facing hurdles and might gain bullish momentum if it clears the $117,250 resistance zone. Bitcoin started a fresh increase above the $116,200 zone. The price is trading below $116,200 and the 100 hourly Simple moving average. There is a key bullish trend line forming with&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7069,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[65,108,73,70,71,146],"class_list":["post-7068","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\/7068","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=7068"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/7068\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/7069"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=7068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=7068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=7068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}