{"id":8674,"date":"2025-12-09T05:11:09","date_gmt":"2025-12-09T05:11:09","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-stumbles-at-92k-are-bears-gaining-the-upper-hand\/"},"modified":"2025-12-09T05:11:09","modified_gmt":"2025-12-09T05:11:09","slug":"bitcoin-price-stumbles-at-92k-are-bears-gaining-the-upper-hand","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-stumbles-at-92k-are-bears-gaining-the-upper-hand\/","title":{"rendered":"Bitcoin Price Stumbles at $92K: Are Bears Gaining the Upper Hand?"},"content":{"rendered":"<p><em>Bitcoin price struggled to stay above $92,000. BTC is now consolidating gains and might dip again if there is a clear move below $89,500.<\/em><\/p>\n<ul>\n<li>Bitcoin started a downside correction from the $92,500 zone.<\/li>\n<li>The price is trading below $91,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a contracting triangle forming with support at $90,000 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 $92,500 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Dips Again<\/h2>\n<p>Bitcoin price managed to stay above the $90,000 zone and started a fresh increase. BTC gained strength for a move above the $91,500 and $92,000 levels.<\/p>\n<p>However, the bears were active near $92,500. A high was formed at $92,269 and the price recently corrected some gains. There was a drop below the 50% Fib retracement level of the upward move from the $87,777 swing low to the $92,269 high.<\/p>\n<p>However, the bulls were active near the $90,000 support. Bitcoin is now trading below $90,000 and the 100 hourly Simple moving average. Besides, there is a contracting triangle forming with support at $90,000 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-864509\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Bitcoin_86eb15.png?resize=1024%2C488\" alt=\"Bitcoin Price \" width=\"1024\" height=\"488\" \/><\/p>\n<p>If the bulls remain in action, the price could attempt another increase. Immediate resistance is near the $90,800 level. The first key resistance is near the $91,200 level. The next resistance could be $92,000. A close above the $92,000 resistance might send the price further higher. In the stated case, the price could rise and test the $92,500 resistance. Any more gains might send the price toward the $93,500 level. The next barrier for the bulls could be $94,200 and $94,500.<\/p>\n<h2>More Losses 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 $90,000 level. The first major support is near the $89,500 level and the 61.8% Fib retracement level of the upward move from the $87,777 swing low to the $92,269 high.<\/p>\n<p>The next support is now near the $88,800 zone. Any more losses might send the price toward the $87,500 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 $90,000, followed by $89,500.<\/p>\n<p>Major Resistance Levels \u2013 $91,200 and $92,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price struggled to stay above $92,000. BTC is now consolidating gains and might dip again if there is a clear move below $89,500. Bitcoin started a downside correction from the $92,500 zone. The price is trading below $91,000 and the 100 hourly Simple moving average. There is a contracting triangle forming with support at&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8675,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[65,108,73,70,71,146],"class_list":["post-8674","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\/8674","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=8674"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/8674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/8675"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=8674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=8674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=8674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}