{"id":20034,"date":"2025-04-01T12:46:47","date_gmt":"2025-04-01T12:46:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20034"},"modified":"2025-04-01T12:46:47","modified_gmt":"2025-04-01T12:46:47","slug":"bitcoin-price-analysis-btc-must-reclaim-this-key-level-to-resume-its-bull-run","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20034","title":{"rendered":"Bitcoin Price Analysis: BTC Must Reclaim This Key Level to Resume Its Bull Run"},"content":{"rendered":"
\n

Bitcoin is attempting to stabilize after a corrective move from the $92K region, with the price currently rebounding from the $80K support zone.<\/p>\n

Momentum remains fragile, and bulls need to confirm the follow-through above key resistance.<\/p>\n

Technical Analysis<\/h2>\n

By Edris Derakhshi<\/a><\/p>\n

The Daily Chart<\/h3>\n

On the daily chart, BTC is trading just below its 200-day moving average after a recent breakdown from the $88K level. The asset found support near $80K, which aligns with previous demand and horizontal structure, and is now pushing higher. However, the 200-day moving average, located around the $87K mark, is acting as dynamic resistance, and the price has yet to close above it convincingly.<\/p>\n

The RSI remains below 50%, showing some recovery, but still lacks strong bullish divergence. Unless BTC reclaims the $92K level, the broader trend remains sideways-to-bearish in the short term.\"\"<\/a><\/p>\n

The 4-Hour Chart<\/h3>\n

The 4-hour chart shows BTC breaking down from a rising wedge formation, leading to the recent dump from $89K to $80K. Since then, the asset has formed a short-term bottom and bounced to retest the $84K\u2013$85K region.<\/p>\n

Moreover, the RSI has recovered from oversold conditions and is pushing toward mid-range, hinting at a potential move higher if momentum continues. However, the price must clear the previous wedge support turned resistance and hold above $86K to open the door for another run toward $92K. Failure to do so could result in another leg lower, potentially revisiting $80K or even sweeping into the $75K zone below.\"\"<\/a><\/p>\n

On-Chain Analysis<\/h2>\n

By Edris Derakhshi<\/a><\/p>\n

Short-Term Holder SOPR<\/h3>\n

Bitcoin\u2019s Short-Term Holder SOPR has dropped below one again, indicating that many recent buyers are now realizing losses on-chain. This typically signals weak short-term conviction and adds pressure to any rally attempts. Historically, SOPR values below one during a downtrend reflect capitulation among short-term holders and are often seen near local bottoms, but only when followed by a decisive price bounce.<\/p>\n

At the moment, this behavior reinforces the idea that current bullish momentum lacks strength unless accompanied by broader demand and a shift in sentiment. Therefore, investors should watch for SOPR to flip above one again as a potential signal for a healthier recovery.\"\"<\/a><\/p>\n

\u00a0<\/p>\n

The post Bitcoin Price Analysis: BTC Must Reclaim This Key Level to Resume Its Bull Run<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin is attempting to stabilize after a corrective move from the $92K region, with the price currently rebounding from the $80K support zone. Momentum remains fragile, and bulls need to confirm the follow-through above key resistance. Technical Analysis By Edris Derakhshi The Daily Chart On the daily chart, BTC is trading just below its 200-day […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20034","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20034"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20034\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}