{"id":8831,"date":"2025-12-17T05:11:07","date_gmt":"2025-12-17T05:11:07","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-regroups-after-losses-is-directional-break-near\/"},"modified":"2025-12-17T05:11:07","modified_gmt":"2025-12-17T05:11:07","slug":"bitcoin-price-regroups-after-losses-is-directional-break-near","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-regroups-after-losses-is-directional-break-near\/","title":{"rendered":"Bitcoin Price Regroups After Losses\u2014Is Directional Break Near?"},"content":{"rendered":"<p><em>Bitcoin price declined further and traded below the $87,000 support zone. BTC is now consolidating and might struggle to clear the $89,350 zone.<\/em><\/p>\n<ul>\n<li>Bitcoin started a fresh decline below the $87,500 zone.<\/li>\n<li>The price is trading below $88,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a bearish trend line forming with resistance at $88,500 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 $89,350 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Consolidates Losses<\/h2>\n<p>Bitcoin price struggled to stay above the $89,000 and $88,500 levels. BTC started a fresh decline and traded below the $88,000 support.<\/p>\n<p>The price even spiked below the $86,500 support. However, the bulls were active near the $85,000 zone. A low was formed at $85,151 and the price recently started an upside correction. There was a move above the 23.6% Fib retracement level of the downward move from the $93,560 swing high to the $85,151 low.<\/p>\n<p>The bears are active near $89,000. Bitcoin is now trading below $88,000 and the 100 hourly Simple moving average. If the bulls remain in action, the price could attempt more gains. Immediate resistance is near the $88,000 level. The first key resistance is near the $88,500 level. There is also a bearish trend line forming with resistance at $88,500 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-867482\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Bitcoin_88ddef.png?resize=1024%2C488\" alt=\"Bitcoin Price \" width=\"1024\" height=\"488\" \/><\/p>\n<p>The next resistance could be $89,350 or the 50% Fib retracement level of the downward move from the $93,560 swing high to the $85,151 low. A close above the $89,350 resistance might send the price further higher. In the stated case, the price could rise and test the $90,000 resistance. Any more gains might send the price toward the $91,200 level. The next barrier for the bulls could be $92,000 and $92,500.<\/p>\n<h2>Another Drop In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $88,500 resistance zone, it could start another decline. Immediate support is near the $87,000 level. The first major support is near the $86,500 level.<\/p>\n<p>The next support is now near the $85,500 zone. Any more losses might send the price toward the $85,000 support in the near term. The main support sits at $83,500, 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 losing pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now near the 50 level.<\/p>\n<p>Major Support Levels \u2013 $85,500, followed by $85,500.<\/p>\n<p>Major Resistance Levels \u2013 $88,500 and $89,350.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price declined further and traded below the $87,000 support zone. BTC is now consolidating and might struggle to clear the $89,350 zone. Bitcoin started a fresh decline below the $87,500 zone. The price is trading below $88,000 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":8832,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[65,108,73,70,71,146],"class_list":["post-8831","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\/8831","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=8831"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/8831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/8832"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=8831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=8831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=8831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}