{"id":31474,"date":"2025-08-18T03:13:26","date_gmt":"2025-08-18T03:13:26","guid":{"rendered":"https:\/\/cryptd.in\/bitcoin-price-extends-losses-can-buyers-prevent-a-major-breakdown\/"},"modified":"2025-08-18T03:13:26","modified_gmt":"2025-08-18T03:13:26","slug":"bitcoin-price-extends-losses-can-buyers-prevent-a-major-breakdown","status":"publish","type":"post","link":"https:\/\/cryptd.in\/sk\/bitcoin-price-extends-losses-can-buyers-prevent-a-major-breakdown\/","title":{"rendered":"Bitcoin Price Extends Losses, Can Buyers Prevent a Major Breakdown?"},"content":{"rendered":"<p><em>Bitcoin price is trimming gains and trading below $120,000. BTC is now showing some bearish signs and might decline below <\/em><em>$115,500 zone.<\/em><\/p>\n<ul>\n<li>Bitcoin started a downside correction below the $120,000 zone.<\/li>\n<li>The price is trading below $118,000 and the 100 hourly Simple moving average.<\/li>\n<li>There was a break below a key declining channel with support at $116,200 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might start another increase if it clears the $118,500 resistance zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Dips Further<\/h2>\n<p>Bitcoin price traded to a <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-slides-120k\/\" target=\"_blank\" rel=\"noopener \">new all-time high<\/a> near $124,000 and started a fresh decline. BTC gained bearish momentum and traded below the $120,000 support zone.<\/p>\n<p>There was a move below the $118,500 support zone and the 100 hourly Simple moving average. Besides, there was a break below a key declining channel with support at $116,200 on the hourly chart of the BTC\/USD pair. The pair tested the $115,800 zone.<\/p>\n<p>It is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $124,420 swing high to the $115,800 low. Bitcoin is now trading below $118,000 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-hits-new-milestone-124k\/\" target=\"_blank\" rel=\"noopener \">100 hodinov\u00fd jednoduch\u00fd k\u013azav\u00fd priemer<\/a>.<\/p>\n<p>Immediate resistance on the upside is near the $116,850 level. The first key resistance is near the $118,000 level. The next resistance could be $118,500. A close above the $118,500 resistance might send the price further higher.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/Bitcoin_e1d1bd.png\"><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-805880\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/Bitcoin_e1d1bd.png?resize=1024%2C493\" alt=\"Bitcoin Price\" width=\"1024\" height=\"493\" loading=\"lazy\" \/><\/a><\/p>\n<p>In the stated case, the price could rise and test the $119,200 resistance level. Any more gains might send the price toward the $120,000 level or the 50% Fib retracement level of the recent decline move from the $124,420 swing high to the $115,800 low. The main target could be $121,500.<\/p>\n<h2>\u010eal\u0161ie straty v BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $118,000 resistance zone, it could start a fresh decline. Immediate support is near the $115,800 level. The first major support is near the $115,000 level.<\/p>\n<p>The next support is now near the $113,500 zone. Any more losses might send the price toward the $112,500 support in the near term. The main support sits at $110,000, below which BTC might continue to move down.<\/p>\n<p>Technick\u00e9 ukazovatele:<\/p>\n<p>Hodinov\u00fd MACD - MACD teraz naber\u00e1 tempo v medvedej z\u00f3ne.<\/p>\n<p>Hodinov\u00fd RSI (Index relat\u00edvnej sily) - RSI pre BTC\/USD je teraz pod \u00farov\u0148ou 50.<\/p>\n<p>Major Support Levels \u2013 $115,800, followed by $115,000.<\/p>\n<p>Major Resistance Levels \u2013 $118,000 and $118,500.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is trimming gains and trading below $120,000. BTC is now showing some bearish signs and might decline below $115,500 zone. Bitcoin started a downside correction below the $120,000 zone. The price is trading below $118,000 and the 100 hourly Simple moving average. There was a break below a key declining channel with support [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":31476,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-31474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Price Extends Losses, Can Buyers Prevent a Major Breakdown? - 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\/sk\/bitcoin-price-extends-losses-can-buyers-prevent-a-major-breakdown\/\" \/>\n<meta property=\"og:locale\" content=\"sk_SK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Price Extends Losses, Can Buyers Prevent a Major Breakdown? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Bitcoin price is trimming gains and trading below $120,000. BTC is now showing some bearish signs and might decline below $115,500 zone. Bitcoin started a downside correction below the $120,000 zone. The price is trading below $118,000 and the 100 hourly Simple moving average. 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