{"id":8260,"date":"2025-11-18T05:11:08","date_gmt":"2025-11-18T05:11:08","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/bitcoin-continues-lower-raising-fears-that-90k-support-may-not-hold\/"},"modified":"2025-11-18T05:11:08","modified_gmt":"2025-11-18T05:11:08","slug":"bitcoin-continues-lower-raising-fears-that-90k-support-may-not-hold","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/bitcoin-continues-lower-raising-fears-that-90k-support-may-not-hold\/","title":{"rendered":"Bitcoin Continues Lower, Raising Fears That $90K Support May Not Hold"},"content":{"rendered":"<p><em>Bitcoin price failed to recover above $95,000. BTC is down over 4% and there are chances of more downsides below $90,000.<\/em><\/p>\n<ul>\n<li>Bitcoin started a fresh decline below $94,000 and $93,500.<\/li>\n<li>The price is trading below $93,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a bearish trend line forming with resistance at $95,850 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might continue to move down if it settles below the $91,500 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Continues To Weaken<\/h2>\n<p>Bitcoin price failed to stay in a positive zone above the $93,500 pivot level. BTC bears remained active below $93,500 and pushed the price lower.<\/p>\n<p>The bears gained strength and were able to push the price below the $92,000 zone. A low was formed at $90,700 and the price is now showing bearish signs below the 23.6% Fib retracement level of the recent decline from the $95,888 swing high to the $90,700 low.<\/p>\n<p>Bitcoin is now trading below $92,000 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $95,850 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>If the bulls attempt another recovery wave, the price could face resistance near the $92,500 level. The first key resistance is near the $93,250 level and the 50% Fib retracement level of the recent decline from the $95,888 swing high to the $90,700 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-854841\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Bitcoin_7f3b2a.png?resize=1024%2C493\" alt=\"Bitcoin Price\" width=\"1024\" height=\"493\" \/><\/p>\n<p>The next resistance could be $93,800. A close above the $93,800 resistance might send the price further higher. In the stated case, the price could rise and test the $94,500 resistance. Any more gains might send the price toward the $95,500 level. The next barrier for the bulls could be $95,800 and $96,500.<\/p>\n<h2>More Losses In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $93,500 resistance zone, it could start another decline. Immediate support is near the $90,800 level. The first major support is near the $90,500 level.<\/p>\n<p>The next support is now near the $90,000 zone. Any more losses might send the price toward the $88,000 support in the near term. The main support sits at $86,500, below which BTC might accelerate lower 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 $90,500, followed by $90,000.<\/p>\n<p>Major Resistance Levels \u2013 $92,500 and $95,800.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price failed to recover above $95,000. BTC is down over 4% and there are chances of more downsides below $90,000. Bitcoin started a fresh decline below $94,000 and $93,500. The price is trading below $93,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $95,850 on&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8261,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[65,108,73,70,71,146],"class_list":["post-8260","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\/8260","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=8260"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/8260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/8261"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=8260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=8260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=8260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}