{"id":858111,"date":"2025-06-26T01:13:08","date_gmt":"2025-06-26T06:13:08","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/26\/bitcoin-btc-price-surpasses-102000-mark-as-bulls-target-105000-resistance\/"},"modified":"2025-06-26T01:13:08","modified_gmt":"2025-06-26T06:13:08","slug":"bitcoin-btc-price-surpasses-102000-mark-as-bulls-target-105000-resistance","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/26\/bitcoin-btc-price-surpasses-102000-mark-as-bulls-target-105000-resistance\/","title":{"rendered":"Bitcoin (BTC) Price: Surpasses $102,000 Mark as Bulls Target $105,000 Resistance"},"content":{"rendered":"<p>Bitcoins <\/p>\n<article id=\"post-119323\">\n<div>\n<h2>Bitcoins <span id=\"TLDR\"><\/span>TLDR<span><\/span><\/h2>\n<ul>\n<li>Bitcoin price climbed above $102,000, forming a high at $104,943<\/li>\n<li>A bullish trend line is forming with support at $103,500<\/li>\n<li>Price is trading above both $102,500 and the 100 hourly Simple moving average<\/li>\n<li>Key resistance levels are at $104,500, $105,000, and $105,500<\/li>\n<li>Technical indicators show MACD gaining pace in the bullish zone<\/li>\n<\/ul>\n<hr>\n<p>Bitcoin (BTC) has broken above the $102,000 price level, showing strong upward momentum that could signal further gains ahead. The world\u2019s largest cryptocurrency has been on an upward trajectory after finding support near the $96,500 zone.<\/p>\n<p>Bitcoin started its latest climb after establishing a solid base above $96,500. The price successfully cleared the $98,800 resistance zone before pushing beyond the important $102,000 threshold.<\/p>\n<p>The bullish momentum carried BTC to test the $105,000 level, forming a peak at $104,943. Since reaching this high point, the price has been consolidating its gains.<\/p>\n<figure id=\"attachment_119324\" aria-describedby=\"caption-attachment-119324\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/blockonomi.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-12-at-10-18-04-Bitcoin-Price-BTC-Live-Price-Chart-Market-Cap-News-Today-CoinGecko.png\" alt=\"bitcoins Bitcoin Price on CoinGecko\" width=\"847\" height=\"629\"  ><figcaption id=\"caption-attachment-119324\">Bitcoin Price on <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\">CoinGecko<\/a><\/figcaption><\/figure>\n<p>The price is now trading well above both $102,500 and the 100 hourly Simple moving average. This positioning above key technical indicators suggests continued strength in the market.<\/p>\n<p>Technical analysis reveals a new connecting bullish trend line forming with support at $103,500 on the hourly chart of the BTC\/USD pair. This trend line could serve as an important support level for future price movements.<\/p>\n<h2>Bitcoins <span id=\"Key_Resistance_Levels_Ahead\"><\/span>Key Resistance Levels Ahead<span><\/span><\/h2>\n<p>Looking at potential resistance levels,<a href=\"https:\/\/moneycheck.com\/best-bitcoin-casinos\/\"> Bitcoin faces immediate hurdles<\/a> near $104,500. The first major resistance sits at the $105,000 mark, which the price has already tested but failed to close above.<\/p>\n<p>If buyers can push the price above $105,000, the next key resistance would be around $105,500. A successful break and close above this level could trigger further upside movement.<\/p>\n<p>In the event of continued bullish action, Bitcoin might target the $106,200 level next. Beyond that, the path could open toward the $108,000 mark.<\/p>\n<p>The technical indicators support the bullish outlook. The hourly MACD (Moving Average Convergence Divergence) is gaining momentum in the bullish zone, suggesting increased buying pressure.<\/p>\n<p>The hourly RSI (Relative Strength Index) for BTC\/USD is currently above the 50 level, indicating that bulls maintain control of the market momentum.<\/p>\n<h2>Bitcoins <span id=\"Support_Levels_to_Watch\"><\/span>Support Levels to Watch<span><\/span><\/h2>\n<p>On the downside, Bitcoin has established several support levels that could limit any potential corrections. The immediate support is near the $103,500 level, coinciding with the bullish trend line.<\/p>\n<p>If the price dips below this level, the first major support zone stands at around $102,800. This level could attract buyers looking to enter on a pullback.<\/p>\n<p>Further down, support exists near the $100,500 zone and the 50% Fibonacci retracement level of the recent upward move from $95,825 to $104,943.<\/p>\n<p>Should selling pressure intensify, the price might test the $98,800 support. The strongest support in the current structure sits at $97,500, which would likely attract substantial buying interest.<\/p>\n<p>Bitcoin\u2019s latest price action shows a clear uptrend with higher lows and higher highs. The price has maintained its position above key moving averages, suggesting that the path of least resistance remains to the upside.<\/p>\n<p>The recent consolidation above $102,000 provides a strong foundation for potential further gains. As the market watches key resistance levels, Bitcoin\u2019s next move could determine whether this rally has staying power or if a correction is due.<\/p>\n<p>Based on the current price structure and technical indicators, Bitcoin appears poised to challenge higher resistance levels in the near term, with $105,000 being the immediate target for bulls.<\/p>\n<div>\n<p><a href=\"http:\/\/blockonomi.com\/out\/bcbot\" alt=\"BC.Game Casino\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/blockonomi.com\/wp-content\/uploads\/2024\/05\/bc-wide.gif\"><\/a><\/p>\n<\/div><\/div>\n<p> Maisie Morrison <a href=\"https:\/\/blockonomi.com\/bitcoin-btc-price-surpasses-102000-mark-as-bulls-target-105000-resistance\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TLDR Bitcoin price climbed above $102,000, forming a high at $104,943 A bullish trend line is forming with support at $103,500 Price is trading above both $102,500 and the 100 hourly Simple moving average Key resistance levels are at $104,500, $105,000, and $105,500 Technical indicators show MACD gaining pace in the bullish zone Bitcoin (BTC)<\/p>\n","protected":false},"author":1,"featured_media":858112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,4759],"tags":[11476],"class_list":["post-858111","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-price","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/858111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=858111"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/858111\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/858112"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=858111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=858111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=858111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}