{"id":28293,"date":"2025-05-23T13:16:49","date_gmt":"2025-05-23T13:16:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28293"},"modified":"2025-05-23T13:16:49","modified_gmt":"2025-05-23T13:16:49","slug":"bitcoin-price-analysis-is-a-short-term-pullback-inevitable-after-recent-surge","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28293","title":{"rendered":"Bitcoin Price Analysis: Is a Short-Term Pullback Inevitable After Recent Surge?"},"content":{"rendered":"
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Bitcoin has once again broken higher, pushing through key resistance zones and extending its bullish momentum.<\/p>\n

After multiple attempts to reclaim the previous all-time highs, the market has finally shifted gears, with bulls regaining control amid a backdrop of improving sentiment and a strong technical structure. Now, the main question is how far can BTC reach?<\/p>\n

Technical Analysis<\/h1>\n

The Daily Chart<\/h2>\n

On the daily timeframe, the breakout has been clean and convincing. The price surged through the $100K resistance zone, followed by a swift rally toward the $110K mark. The bullish structure remains intact, with the 100-day and 200-day moving averages providing strong dynamic support at $90K and $92K, respectively.<\/p>\n

The RSI is currently hovering in the overbought region, which may hint at short-term cooling but does not yet show divergence. Overall, as long as BTC holds above the $108K level, the path of least resistance remains to the upside.\"\"<\/a><\/p>\n

The 4-Hour Chart<\/h2>\n

The 4-hour chart reveals a rising channel structure that guided the price into the $108K all-time high region. After a textbook breakout from the consolidation, BTC surged through the upper boundary of the rising channel with strong momentum.<\/p>\n

The price has now stabilized around the $108K zone, which should now act as short-term support. With the RSI trending around 66, showing some relief from earlier overbought levels, the buyers still have room to push higher. For now, the $115K psychological resistance level is the immediate area to watch, while $108K becomes the key level that bulls must defend to avoid a deeper correction.<\/p>\n

\"\"<\/a><\/p>\n

Sentiment Analysis<\/h1>\n

Active Addresses (100-day Moving Average)<\/h2>\n

On-chain data adds more confidence to the ongoing uptrend. The number of active addresses has started to tick higher after months of decline, indicating a rebound in network activity. This uptick could be signaling renewed retail and institutional interest, often a precursor to sustained bullish momentum. Though still below the early 2024 highs in activity, the change in direction is encouraging and aligns with the current price trend.<\/p>\n

With strong price action across multiple timeframes and a resurgence in active addresses, Bitcoin appears well-positioned to continue its rally. However, with RSI extended on higher timeframes, short-term pullbacks remain possible. As long as the structure above $108K holds, any dip could be seen as a buying opportunity before the next leg higher.\"\"<\/a><\/p>\n

\u00a0<\/p>\n

The post Bitcoin Price Analysis: Is a Short-Term Pullback Inevitable After Recent Surge?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin has once again broken higher, pushing through key resistance zones and extending its bullish momentum. After multiple attempts to reclaim the previous all-time highs, the market has finally shifted gears, with bulls regaining control amid a backdrop of improving sentiment and a strong technical structure. Now, the main question is how far can BTC […]<\/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-28293","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\/28293","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=28293"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28293\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}