{"id":7142,"date":"2025-09-22T04:11:04","date_gmt":"2025-09-22T04:11:04","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-retreats-lower-again-is-this-just-a-healthy-dip\/"},"modified":"2025-09-22T04:11:04","modified_gmt":"2025-09-22T04:11:04","slug":"bitcoin-price-retreats-lower-again-is-this-just-a-healthy-dip","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-retreats-lower-again-is-this-just-a-healthy-dip\/","title":{"rendered":"Bitcoin Price Retreats Lower Again \u2013 Is This Just a Healthy Dip?"},"content":{"rendered":"<p><em>Bitcoin price failed to extend gains above $117,750. BTC is now moving lower and might even test the $113,200 support zone.<\/em><\/p>\n<ul>\n<li>Bitcoin started a fresh decline below the $115,500 zone.<\/li>\n<li>The price is trading below $115,500 and the 100 hourly Simple moving average.<\/li>\n<li>There is a connecting bearish trend line forming with resistance at $115,200 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 $116,000 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Dips Again<\/h2>\n<p>Bitcoin price started a fresh upward wave above the $116,500 zone. BTC managed to climb above the $116,800 and $117,500 resistance levels before the bears appeared.<\/p>\n<p>A high was formed at $117,920 and the price started a fresh decline. There was a move below the $116,500 and $115,500 levels. The decline gained pace below the $115,000 level. A low was formed at $114,237 and the price is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $117,920 swing high to the $114,237 low.<\/p>\n<p>Bitcoin is now trading below $115,500 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $115,200 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>Immediate resistance on the upside is near the $115,000 level. The first key resistance is near the $115,250 level. The next resistance could be $116,000 or the 50% Fib retracement level of the recent decline from the $117,920 swing high to the $114,237 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-825000\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/09\/Bitcoin_c6ebff.png?resize=1024%2C493\" alt=\"Bitcoin Price\" width=\"1024\" height=\"493\" loading=\"lazy\" \/><\/p>\n<p>A close above the $116,000 resistance might send the price further higher. In the stated case, the price could rise and test the $116,500 resistance level. Any more gains might send the price toward the $116,800 level. The next barrier for the bulls could be $117,250.<\/p>\n<h2>More Losses In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $116,000 resistance zone, it could start a fresh decline. Immediate support is near the $114,250 level. The first major support is near the $113,500 level.<\/p>\n<p>The next support is now near the $113,250 zone. Any more losses might send the price toward the $112,500 support in the near term. The main support sits at $110,500, 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 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 $114,250, followed by $113,250.<\/p>\n<p>Major Resistance Levels \u2013 $115,000 and $116,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price failed to extend gains above $117,750. BTC is now moving lower and might even test the $113,200 support zone. Bitcoin started a fresh decline below the $115,500 zone. The price is trading below $115,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $115,200&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7143,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[65,108,73,70,71,146],"class_list":["post-7142","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\/7142","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=7142"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/7142\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/7143"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=7142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=7142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=7142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}