Published: Jan 06, 2026 at 21:12
Updated: Jan 06, 2026 at 21:21
Bitcoin (BTC) rose to $94,000 but was rejected. This is the third time the BTC price has retested the resistance at $94,000.
BTC price long-term prediction: bullish
Since November 21, 2025, as Coinidol.com reported previously, Bitcoin has been trading in a range above the $84,000 support and below the $94,000 resistance.
Today, the BTC price is oscillating below its recent high following this rejection. The largest cryptocurrency is trading above the 50-day SMA support but remains below the $94,000 resistance.
On the upside, if buyers break above the $94,000 resistance, Bitcoin could rise to the next level at $107,500. If Bitcoin fails to break above the $94,000 barrier, it will continue to move within the range above the moving average lines. Bitcoin is currently trading at $93,445.
Technical indicators
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Key supply zones: $120,000, $125,000, $130,000 -
Key demand zones: $100,000, $95,000, $90,000
Bitcoin price indicators analysis
Bitcoin’s price has broken above the horizontal 21-day and 50-day moving average lines. Bitcoin has the potential to rise while trading above these moving average lines. Currently, the price is stalled at the $94,000 high. On the 4-hour chart, the 21-day and 50-day SMAs are sloping upwards, indicating a bullish trend.
What is the next move for Bitcoin?
Bitcoin’s price has resumed its bullish trend but continues to move within its narrow range. On the 4-hour chart, the rising trend has halted its decline above the $93,000 low and the 21-day SMA support. The Bitcoin price is currently trading above the 21-day SMA support but remains below the $94,000 barrier. Bitcoin will trend once either the 21-day SMA support or the $94,000 barrier is broken.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/bitcoin-94-000-barrier/
