{"id":39508,"date":"2026-04-01T02:39:43","date_gmt":"2026-04-01T02:39:43","guid":{"rendered":"https:\/\/cryptd.in\/bitcoin-price-recovery-at-risk-sellers-prepare-to-reassert-control\/"},"modified":"2026-04-01T02:39:43","modified_gmt":"2026-04-01T02:39:43","slug":"bitcoin-price-recovery-at-risk-sellers-prepare-to-reassert-control","status":"publish","type":"post","link":"https:\/\/cryptd.in\/ja\/bitcoin-price-recovery-at-risk-sellers-prepare-to-reassert-control\/","title":{"rendered":"Bitcoin Price Recovery at Risk, Sellers Prepare to Reassert Control"},"content":{"rendered":"<p><em>Bitcoin price started a recovery wave above $67,500. BTC is now consolidating below $68,800 and might struggle to continue higher.<\/em><\/p>\n<ul>\n<li>Bitcoin started a recovery wave above $67,000 and $67,200.<\/li>\n<li>The price is trading above $67,000 and the 100 hourly simple moving average.<\/li>\n<li>There is a rising channel forming with resistance at $68,800 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might start another decline if it stays below the $68,500 and $68,800 levels.<\/li>\n<\/ul>\n<h2>Bitcoin Price Eyes Recovery<\/h2>\n<p>Bitcoin price formed a base above $65,500 and started a <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-rebounds-68k\/\" target=\"_blank\" rel=\"noopener \">recovery wave<\/a>. BTC was able to settle above $66,000 to move into a short-term positive zone.<\/p>\n<p>The price climbed above the $67,200 resistance zone. The bulls even cleared the 38.2% Fib retracement level of the downward move from the $71,986 swing high to the $65,030 low. However, the bears are now active near the $68,500 resistance zone.<\/p>\n<p>Bitcoin is now trading above $67,000 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-stalls-under-68800\/\" target=\"_blank\" rel=\"noopener \">100 hourly simple moving average<\/a>. If the price remains stable above $67,000, it could attempt a fresh increase. Immediate resistance is near the $68,500 level or the 50% Fib retracement level of the downward move from the $71,986 swing high to the $65,030 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/Bitcoin.png\"><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-889754\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/Bitcoin.png?resize=1024%2C512\" alt=\"Bitcoin Price \" width=\"1024\" height=\"512\" loading=\"lazy\" \/><\/a><\/p>\n<p>The first key resistance is near the $68,800 level. There is also a rising channel forming with resistance at $68,800 on the hourly chart of the BTC\/USD pair. A close above the $68,800 resistance might send the price further higher. In the stated case, the price could rise and test the $69,250 resistance. Any more gains might send the price toward the $69,500 level. The next barrier for the bulls could be $70,000.<\/p>\n<h2>Another Drop In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $68,800 resistance zone, it could start another decline. Immediate support is near the $67,000 level. The first major support is near the $66,800 level.<\/p>\n<p>The next support is now near the $65,800 zone. Any more losses might send the price toward the $65,800 support in the near term. The main support now sits at $65,000, below which BTC might struggle to recover in the near term.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now losing pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $67,000, followed by $65,800.<\/p>\n<p>Major Resistance Levels \u2013 $68,500 and $68,800.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a recovery wave above $67,500. BTC is now consolidating below $68,800 and might struggle to continue higher. Bitcoin started a recovery wave above $67,000 and $67,200. The price is trading above $67,000 and the 100 hourly simple moving average. There is a rising channel forming with resistance at $68,800 on the hourly chart of the BTC\/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,500 and $68,800 levels. Bitcoin Price Eyes Recovery Bitcoin price formed a base above $65,500 and started a recovery wave. BTC was able to settle above $66,000 to move into a short-term positive zone. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39510,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-39508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Price Recovery at Risk, Sellers Prepare to Reassert Control - 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\/ja\/bitcoin-price-recovery-at-risk-sellers-prepare-to-reassert-control\/\" \/>\n<meta property=\"og:locale\" content=\"ja_JP\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Price Recovery at Risk, Sellers Prepare to Reassert Control - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Bitcoin price started a recovery wave above $67,500. BTC is now consolidating below $68,800 and might struggle to continue higher. Bitcoin started a recovery wave above $67,000 and $67,200. The price is trading above $67,000 and the 100 hourly simple moving average. There is a rising channel forming with resistance at $68,800 on the hourly chart of the BTC\/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,500 and $68,800 levels. Bitcoin Price Eyes Recovery Bitcoin price formed a base above $65,500 and started a recovery wave. BTC was able to settle above $66,000 to move into a short-term positive zone. 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