{"id":28713,"date":"2025-05-27T06:01:47","date_gmt":"2025-05-27T06:01:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28713"},"modified":"2025-05-27T06:01:47","modified_gmt":"2025-05-27T06:01:47","slug":"bitcoin-faces-risk-of-pullback-to-100k-as-momentum-indicator-diverges-bearishly-technical-analysis","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28713","title":{"rendered":"Bitcoin Faces Risk of Pullback to $100K as Momentum Indicator Diverges Bearishly: Technical Analysis"},"content":{"rendered":"<div>\n<p><strong><em>This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.<\/em><\/strong><\/p>\n<p>Bitcoin&#8217;s BTC bull run has stalled, with emerging technical signals pointing to a possible price pullback.<\/p>\n<p>The leading cryptocurrency by market value traded near $108,000 at press time, probing the bullish trendline, characterizing the sharp rise from $75K to record highs over $110K, TradingView data show.<\/p>\n<p>There has been little bullish action in the past 24 hours despite <a href=\"https:\/\/www.coindesk.com\/business\/2025\/05\/26\/trump-media-seeks-to-raise-3b-for-crypto-purchase-ft\">reports that <\/a>the Trump family media company plans to raise $3b billion to buy cryptocurrencies such as bitcoin.<\/p>\n<p>A key momentum indicator called the 30-day rate of change (ROC), which measures the percentage increase or decrease in bitcoin&#8217;s price over the past month, has chalked out a &#8220;bearish divergence.&#8221;<\/p>\n<p>The bearish pattern happens when an asset&#8217;s price rises, but momentum indicators like the 30-day rate of change (ROC) fail to confirm the same, hinting at potential weakness and price correction.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/9059102a2d413a9418a0aef27f935ee67c908a6f-2848x1292.png?auto=format\" alt=\"BTC's daily chart. (TradingView\/CoinDesk)\" title=\"BTC's daily chart. (TradingView\/CoinDesk)\"><\/p>\n<p>Although bitcoin remains within a bullish upward channel, the 30-day ROC is forming lower highs, signaling a bearish divergence and weakening momentum.<\/p>\n<p>Additionally, the daily chart moving average convergence divergence (MACD) histogram, an indicator widely used to gauge trend strength and changes, has flipped negative, indicating a bearish shift in momentum.<\/p>\n<p>All this means that BTC could dive out of the bullish ascending channel, potentially revisiting the major psychological resistance-turned-support at $100,000.<\/p>\n<p>The broader outlook remains constructive, consistent with the recent golden cross of the 50- and 200-day simple moving averages (SMAs).<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin&#8217;s BTC bull run has stalled, with emerging technical signals pointing to a possible price pullback. The leading cryptocurrency by market value traded near $108,000 at press time, probing the bullish trendline, characterizing the sharp rise from $75K to record [&hellip;]<\/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-28713","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\/28713","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=28713"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28713\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}