{"id":439880,"date":"2026-10-12T20:56:01","date_gmt":"2026-10-12T13:56:01","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/bitcoin-buyers-had-their-shot-above-the-200-hour-ma-they-missed-439880\/"},"modified":"2026-10-12T20:56:01","modified_gmt":"2026-10-12T13:56:01","slug":"bitcoin-buyers-had-their-shot-above-the-200-hour-ma-they-missed","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/bitcoin-buyers-had-their-shot-above-the-200-hour-ma-they-missed-439880\/","title":{"rendered":"Bitcoin buyers had their shot above the 200-hour MA. They missed."},"content":{"rendered":"<div>\n<p>Bitcoin is trading near its session low at $82,389 after reaching a high of $84,254 earlier today.<\/p>\n<p>That high took the price above the 200-hour moving average (green line), currently at $83,877. The break gave buyers an opportunity to build upside momentum. Instead, the move failed, buyers turned to sellers, and the price rotated lower.<\/p>\n<p>The decline has since taken bitcoin below its 100-hour moving average at $82,786, giving sellers another short-term technical victory.<\/p>\n<p>Can they keep the pressure on?<\/p>\n<p>24 days of range trading<\/p>\n<p>Looking at the bigger picture, bitcoin has spent the last 24 days\u2014since September 18\u2014trading between $80,106 and $87,374. There has been plenty of up-and-down price action, but no sustained break from that range.<\/p>\n<p>Last Tuesday, buyers made another run toward the upper extreme but stalled ahead of the target. The subsequent reversal took the price below both the 100- and 200-hour moving averages.<\/p>\n<p>Apart from brief breaks above the 200-hour moving average on Sunday and again today, the price has remained below that indicator, keeping the technical bias more bearish.<\/p>\n<p>What sellers need to do next<\/p>\n<p>On the downside, the price is now within a swing area between $81,183 and $82,653. Sellers need to push below the lower boundary at $81,183 to open the door for a test of $80,106\u2014the September 20 low that was revisited last week.<\/p>\n<p>Break below $80,106 and stay below, and sellers would finally have a move outside the broader trading range, opening the door for further downside momentum.<\/p>\n<p>Until then, support still needs to be broken. Sellers have more work to do.<\/p>\n<p>What buyers need to reclaim<\/p>\n<p>For buyers, the first step is to reclaim the 100-hour moving average at $82,786. Above that, the 200-hour moving average at $83,877 remains the key hurdle. Getting above and staying above that level would give buyers another opportunity to take back control.<\/p>\n<p>The buyers had their shot today. They missed. Sellers have the advantage below the hourly moving averages, but they still need to break support to turn that advantage into a bigger move lower.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is trading near its session low at $82,389 after reaching a high of $84,254 earlier today. That high took the price above the 200-hour moving average (green line), currently at $83,877.&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-439880","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=439880"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439880\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=439880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=439880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=439880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}