Bitcoin Holds Steady at $90K, Faces Resistance at $95K
- Price Stability: Bitcoin is trading steadily around $90,000 in the first week of 2026, down approximately 2% since the start of the year, reflecting cautious market sentiment, especially after failing to break the strong resistance at $95,000.
- Cautious Market Sentiment: Investors are acting cautiously due to uncertainties surrounding tariffs in Washington and the Fed chairmanship, leading to a loss of momentum after Bitcoin peaked below $94,800 on Monday following a New Year rally.
- Macro Economic Impact: Better-than-expected economic data has limited Bitcoin's momentum toward its all-time high of $126,000, as reduced likelihood of a rate cut in March puts downward pressure on prices in the short term.
- Long-term Optimism: Despite short-term uncertainties, analysts remain optimistic about Bitcoin's long-term prospects, predicting a potential rise to $200,000 by year-end, with a sustained break above $95,000 possibly triggering systematic buying and pushing prices back into six figures.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36142.556 | 48071.278 | 60412.576 | 72341.298 | 84682.596 | 96611.318 | 108952.616 |
| Fibonacci | 48071.278 | 57342.426 | 63070.15 | 72341.298 | 81612.446 | 87340.17 | 96611.318 |
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