{"id":8437,"date":"2025-11-27T05:11:10","date_gmt":"2025-11-27T05:11:10","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-powers-over-90k-as-buyers-suddenly-regain-control-of-the-trend\/"},"modified":"2025-11-27T05:11:10","modified_gmt":"2025-11-27T05:11:10","slug":"bitcoin-price-powers-over-90k-as-buyers-suddenly-regain-control-of-the-trend","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-powers-over-90k-as-buyers-suddenly-regain-control-of-the-trend\/","title":{"rendered":"Bitcoin Price Powers Over $90K as Buyers Suddenly Regain Control of the Trend"},"content":{"rendered":"<p><em>Bitcoin price started a recovery wave above $90,000. BTC is now consolidating and might soon aim for a move above the $91,500 zone.<\/em><\/p>\n<ul>\n<li>Bitcoin started a recovery wave and climbed toward $92,000.<\/li>\n<li>The price is trading above $90,000 and the 100 hourly Simple moving average.<\/li>\n<li>There was a break above a key bearish trend line with resistance at $88,000 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 $91,500 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Eyes Steady Gains<\/h2>\n<p>Bitcoin price managed to stay above the $86,500 level. BTC formed a base and recently started a recovery wave above the $88,000 resistance zone.<\/p>\n<p>There was a break above a key bearish trend line with resistance at $88,000 on the hourly chart of the BTC\/USD pair. The pair surged above the $90,000 level. There was a clear break above the 61.8% Fib retracement level of the downward move from the $92,872 swing high to the $80,595 low.<\/p>\n<p>Bitcoin is now trading above $90,500 and the 100 hourly Simple moving average. It is also above 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-858751\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Bitcoin_450cfd.png?resize=1024%2C493\" alt=\"Bitcoin Price \" width=\"1024\" height=\"493\" \/><\/p>\n<p>If the bulls remain in action, the price could face resistance near the $91,500 level. The first key resistance is near the $92,000 level. The next resistance could be $92,500. A close above the $92,500 resistance might send the price further higher. In the stated case, the price could rise and test the $93,750 resistance. Any more gains might send the price toward the $94,500 level. The next barrier for the bulls could be $95,000 and $95,500.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $92,000 resistance zone, it could start another decline. Immediate support is near the $89,750 level. The first major support is near the $88,500 level.<\/p>\n<p>The next support is now near the $88,000 zone. Any more losses might send the price toward the $86,500 support in the near term. The main support sits at $85,000, 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 $89,750, followed by $88,000.<\/p>\n<p>Major Resistance Levels \u2013 $92,000 and $92,500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a recovery wave above $90,000. BTC is now consolidating and might soon aim for a move above the $91,500 zone. Bitcoin started a recovery wave and climbed toward $92,000. The price is trading above $90,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8438,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[65,108,73,70,71,146],"class_list":["post-8437","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\/8437","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=8437"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/8437\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/8438"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=8437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=8437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=8437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}