{"id":22129,"date":"2025-04-20T04:00:04","date_gmt":"2025-04-20T04:00:04","guid":{"rendered":"https:\/\/cryptd.in\/bitcoin-faces-triple-resistance-as-price-rejection-persists\/"},"modified":"2025-04-20T04:00:04","modified_gmt":"2025-04-20T04:00:04","slug":"bitcoin-faces-triple-resistance-as-price-rejection-persists","status":"publish","type":"post","link":"https:\/\/cryptd.in\/it\/bitcoin-faces-triple-resistance-as-price-rejection-persists\/","title":{"rendered":"Bitcoin Faces Triple Resistance As Price Rejection Persists"},"content":{"rendered":"<p>Over the past trading week, Bitcoin (BTC) failed to make any significant price breakout, experiencing rejections at the $86,000 price region. While the market suffered no major price pullback, the high level of sideways price movement indicates a strong investor uncertainty. <\/p>\n<p>Interestingly, popular market analyst with X username Daan Crypto has <a href=\"https:\/\/x.com\/DaanCrypto\/status\/1912959499763388675\/photo\/1\" target=\"_blank\" rel=\"noopener nofollow\">provided<\/a> an insightful technical analysis on the BTC market, highlighting the present barriers that are restricting an upward price movement.\n<\/p>\n<h2><strong>Bitcoin Multiple Barriers: 200-Day EMA, 200-Day MA, And Diagonal Trendline In Focus<\/strong><\/h2>\n<p>Since hitting a new all-time high in late January, Bitcoin has slipped into heavy correction, losing over 22% of its market price. The majority of the price loss has been linked to international trade tariff crises, which have forced investors to seek relief in less risky assets.<\/p>\n<p>However, a<a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/tariff-to-push-bitcoin-to-100000\/\" target=\"_blank\" rel=\"noopener \"> pause in new tariffs<\/a> and an onset in global negotiations soon accompanied a price rebound seen in early April. Albeit, Bitcoin is now struggling to break out of the $84,000-$86,000, forming a tight consolidation range.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GoueAihXoAASJDY?format=jpg&amp;name=medium\" alt=\"Bitcoin\" width=\"1200\" height=\"736\" loading=\"lazy\" \/><\/p>\n<p>In performing a technical analysis on the current BTC market, Daan Crypto has identified the three resistance factors that have been active in the specified price zone.\u00a0<\/p>\n<p>The first price opposition is a diagonal downtrend line formed by Bitcoin\u2019s consistent lower lows and lower highs amidst the price correction in the past three months. To establish any intent of a trend reversal, Bitcoin bulls must force a convincing price breakout above this long-standing diagonal resistance.\u00a0<\/p>\n<p>Other critical indicators are the <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-strong-support\/\" target=\"_blank\" rel=\"noopener \">200-day Exponential Moving Average (EMA)<\/a> and 200-day Simple Moving Average (MA), both of which provide an average of the past 200 days\u2019 prices, with the EMA giving more weight to recent prices.\u00a0<\/p>\n<p>The 200-day EMA is important in spotting medium-to-long-term trend changes as it reacts faster to any price change than the 200-day MA, which is a classic long-term indicator. However, Bitcoin must move above both indicators to break out of its consolidation and perhaps experience a full price recovery.\n<\/p>\n<h2><strong>Bitcoin Ultimate Resistance At $90,000-$91,000\u00a0<\/strong><\/h2>\n<p>Despite Bitcoin\u2019s struggles in the $84,000-$86,000 price zone, Daan Crypto has warned that the asset\u2019s ultimate test of a price reversal is at the $90,000-$91,000 price range, which served as a key support in the earlier phase of the bull cycle.<\/p>\n<p>A successful reclaim of this range would place Bitcoin back into the bullish trading zone, signaling a potential resumption of the broader bull market. At press time, BTC continues to trade at $84,868 following a 0.13% gain in the past day. Meanwhile, the daily trading volume is down by 42.34% and valued at $12.52 billion.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/PRQpe1kR\/\" alt=\"Bitcoin\" width=\"1563\" height=\"893\" loading=\"lazy\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>Over the past trading week, Bitcoin (BTC) failed to make any significant price breakout, experiencing rejections at the $86,000 price region. While the market suffered no major price pullback, the high level of sideways price movement indicates a strong investor uncertainty. Interestingly, popular market analyst with X username Daan Crypto has provided an insightful technical [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Faces Triple Resistance As Price Rejection Persists - cryptd.in<\/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:\/\/cryptd.in\/it\/bitcoin-faces-triple-resistance-as-price-rejection-persists\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Faces Triple Resistance As Price Rejection Persists - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Over the past trading week, Bitcoin (BTC) failed to make any significant price breakout, experiencing rejections at the $86,000 price region. 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