Published: Jan 12, 2026 at 18:09
Updated: Jan 12, 2026 at 19:19
The price of Bitcoin (BTC) has remained above the moving average lines and the $89,000 support since the rebound on January 2.
BTC price long-term prediction: bullish
Over the past week, Bitcoin has traded within a range above the moving average lines but below the $94,000 barrier. Since December 3, 2025, buyers have been unable to sustain the price above the $94,000 level. Bullish momentum has been rejected on four occasions, resulting in a sideways trend below $94,000. If buyers break through the current resistance,
Bitcoin is expected to rise above the $100,000 level, with bullish momentum potentially extending to $107,500. Bitcoin is currently at $91,747.
Technical indicators
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Key supply zones: $120,000, $125,000, $130,000 -
Key demand zones: $100,000, $95,000, $90,000
BTC price indicators analysis
The price bars remain above the horizontal 21-day and 50-day moving average lines. The largest cryptocurrency is expected to gain while it remains above these moving averages. On the 4-hour chart, Bitcoin is trading between the horizontal moving average lines, indicating a likely range-bound movement as it is confined between these levels.
What is the next move for BTC?
Bitcoin’s price is rising as it trades within the bullish trend zone. The 4-hour chart shows Bitcoin trading in a narrow range above the $90,000 support but below the $92,000 resistance.
Currently, the cryptocurrency is trading above the 21-day SMA support but below the 50-day SMA resistance. Bitcoin will begin its upward movement by breaching above the moving average lines.
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/btc-continues-to-hold/
