{"id":8417,"date":"2025-11-26T05:11:09","date_gmt":"2025-11-26T05:11:09","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-rebound-picks-up-pace-with-90k-break-in-focus\/"},"modified":"2025-11-26T05:11:09","modified_gmt":"2025-11-26T05:11:09","slug":"bitcoin-price-rebound-picks-up-pace-with-90k-break-in-focus","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-rebound-picks-up-pace-with-90k-break-in-focus\/","title":{"rendered":"Bitcoin Price Rebound Picks Up Pace With $90K Break in Focus"},"content":{"rendered":"<p><em>Bitcoin price started a recovery wave above $88,000. BTC is now consolidating and might soon aim for a move above the $90,000 zone.<\/em><\/p>\n<ul>\n<li>Bitcoin started a recovery wave and climbed toward $89,000.<\/li>\n<li>The price is trading above $87,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a bearish trend line forming with resistance at $88,200 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might continue to move up if it settles above the $90,000 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Eyes Upside Break<\/h2>\n<p>Bitcoin price managed to stay above the $83,500 level. BTC formed a base and recently started a recovery wave above the $85,500 resistance zone.<\/p>\n<p>There was a move above the $86,000 resistance zone. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $92,872 swing high to the $80,595 low. However, the bears are currently preventing an upside break above the $90,000 zone.<\/p>\n<p>Besides, there is a bearish trend line forming with resistance at $88,200 on the hourly chart of the BTC\/USD pair. Bitcoin is now trading above $87,000 and the 100 hourly Simple moving average.<\/p>\n<p>If the bulls attempt another recovery wave, the price could face resistance near the $88,200 level. The first key resistance is near the $89,000 level. The next resistance could be $90,000 or the 76.4% Fib retracement level of the downward move from the $92,872 swing high to the $80,595 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-858240\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Bitcoin_c6c8cf.png?resize=1024%2C493\" alt=\"Bitcoin Price \" width=\"1024\" height=\"493\" \/><\/p>\n<p>A close above the $90,000 resistance might send the price further higher. In the stated case, the price could rise and test the $91,750 resistance. Any more gains might send the price toward the $92,500 level. The next barrier for the bulls could be $93,500 and $94,000.<\/p>\n<h2>Another Drop In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $90,000 resistance zone, it could start another decline. Immediate support is near the $86,700 level. The first major support is near the $86,200 level.<\/p>\n<p>The next support is now near the $85,000 zone. Any more losses might send the price toward the $83,500 support in the near term. The main support sits at $82,000, 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 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 $86,200, followed by $85,000.<\/p>\n<p>Major Resistance Levels \u2013 $89,000 and $90,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a recovery wave above $88,000. BTC is now consolidating and might soon aim for a move above the $90,000 zone. Bitcoin started a recovery wave and climbed toward $89,000. The price is trading above $87,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8418,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[65,108,73,70,71,146],"class_list":["post-8417","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\/8417","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=8417"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/8417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/8418"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=8417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=8417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=8417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}