{"id":15660,"date":"2025-09-03T04:55:25","date_gmt":"2025-09-03T02:55:25","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=15660"},"modified":"2025-09-03T04:55:25","modified_gmt":"2025-09-03T02:55:25","slug":"will-bulls-propel-bitcoin-through-key-resistance-levels-for-a-price-recovery","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/09\/03\/will-bulls-propel-bitcoin-through-key-resistance-levels-for-a-price-recovery\/","title":{"rendered":"Will Bulls Propel Bitcoin Through Key Resistance Levels for a Price Recovery?"},"content":{"rendered":"<p> &#8220;`html<br \/>\n<\/p>\n<div id=\"ftwp-postcontent\">\n<p><em>The Bitcoin value is attempting a rebound above $110,000. BTC is currently increasing and may gain momentum if it surpasses the $112,000 barrier.<\/em><\/p>\n<ul>\n<li>Bitcoin initiated a recovery trend above the $110,000 range.<\/li>\n<li>The price is trading above $111,000 and the 100 hourly Simple moving average.<\/li>\n<li>A short-term ascending channel is taking shape with support at $110,500 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>If it remains below the $112,000 zone, the pair could begin another downturn.<\/li>\n<\/ul>\n<h2 id=\"ftoc-heading-1\" class=\"ftwp-heading\">Bitcoin Value Begins Recovery<\/h2>\n<p>The Bitcoin value commenced a <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-stabilizes-108k\/\" target=\"_blank\">new recovery trend<\/a> above the $108,500 range. BTC successfully rose above the $108,800 and $110,000 resistance thresholds.<\/p>\n<p>The value surpassed the 50% Fibonacci retracement level of the significant drop from the $113,457 peak to the $107,352 low. The increase was notable enough for the price to surge past the $111,200 mark. Furthermore, a short-term ascending channel is forming with support at $110,500 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>Nonetheless, the bears are still present around $111,500. Bitcoin is presently trading above $110,000 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-warning-110k\/\" target=\"_blank\">100 hourly Simple moving average<\/a>. Immediate resistance on the upside is around the $111,500 mark. The primary key resistance is close to the $112,000 level or the 76.4% Fibonacci retracement level of the significant drop from the $113,457 peak to the $107,352 low.<\/p>\n<figure id=\"attachment_814927\" aria-describedby=\"caption-attachment-814927\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/09\/Bitcoin_7c2db9.png\"><\/a><figcaption id=\"caption-attachment-814927\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\">BTCUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>The next resistance may be at $112,500. A close above the $112,500 barrier could push the price even higher. In such a scenario, the price might rise and test the $113,450 resistance level. Additional gains could drive the price towards the $114,500 mark. The primary target could be $115,500.<\/p>\n<h2 id=\"ftoc-heading-2\" class=\"ftwp-heading\">Another Downturn In BTC?<\/h2>\n<p>If Bitcoin does not succeed in rising above the $112,000 resistance area, it may initiate a new decline. Immediate support is situated around the $110,400 level. The first significant support is near the $109,500 level.<\/p>\n<p>The following support is now close to the $108,500 area. Further losses might propel the price towards the $107,350 support in the near future. The main support resides at $105,500, beneath which BTC might experience a sharp decline.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is currently losing momentum in the bullish range.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is presently above the 50 threshold.<\/p>\n<p>Major Support Levels \u2013 $110,400, followed by $109,500.<\/p>\n<p>Major Resistance Levels \u2013 $111,500 and $112,500.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-recovery-hopes-112k\/\">Source link <\/a><br \/>\n&#8220;`<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;`html The Bitcoin value is attempting a rebound above $110,000. BTC is currently increasing and may gain momentum if it surpasses the $112,000 barrier. Bitcoin initiated a recovery trend above the $110,000 range. The price is trading above $111,000 and the 100 hourly Simple moving average. A short-term ascending channel is taking shape with support<\/p>\n","protected":false},"author":3,"featured_media":15661,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[3499],"class_list":["post-15660","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-bitcoin-price-recovery-hopes-rise-can-bulls-push-it-past-resistance-gpt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will Bulls Propel Bitcoin Through Key Resistance Levels for a Price Recovery? - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/09\/03\/will-bulls-propel-bitcoin-through-key-resistance-levels-for-a-price-recovery\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will Bulls Propel Bitcoin Through Key Resistance Levels for a Price Recovery? - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"&#8220;`html The Bitcoin value is attempting a rebound above $110,000. 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