{"id":125788,"date":"2026-01-09T02:39:16","date_gmt":"2026-01-09T02:39:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=125788"},"modified":"2026-01-09T02:39:16","modified_gmt":"2026-01-09T02:39:16","slug":"bitcoin-price-holds-support-after-pullback-what-comes-next","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=125788","title":{"rendered":"Bitcoin Price Holds Support After Pullback\u2014What Comes Next?"},"content":{"rendered":"

Bitcoin price started a downside correction below $92,500. BTC is now struggling and might face barriers for a fresh increase near $92,000.<\/em><\/p>\n

Bitcoin started a downside correction and traded below the $91,200 zone.
\nThe price is trading below $91,500 and the 100 hourly Simple moving average.
\nThere is a bearish trend line forming with resistance at $92,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might continue to move down if it stays below the $92,000 zone.<\/p>\n

Bitcoin Price Attempts Recovery<\/h2>\n

Bitcoin price failed to stay above $93,500 and started a downside correction<\/a>. BTC dipped below $93,000 and $92,000 to enter a short-term bearish zone.<\/p>\n

The price even dipped below $91,200 and tested $90,000. A low was formed at $89,225 and the price is now attempting a fresh increase. There was a move above $90,500. The price climbed higher to test the 50% Fib retracement level of the recent decline from the $93,770 swing high to the $89,225 low.<\/p>\n

Bitcoin is now trading below $92,000 and the 100 hourly Simple moving average<\/a>. Besides, there is a bearish trend line forming with resistance at $92,000 on the hourly chart of the BTC\/USD pair.<\/p>\n

If the price remains stable above $90,300, it could attempt a fresh increase. Immediate resistance is near the $91,500 level. The first key resistance is near the $92,000 level, the trend line, and the 61.8% Fib retracement level of the recent decline from the $93,771 swing high to the $89,225 low.<\/p>\n

<\/a><\/p>\n

The next resistance could be $92,800. A close above the $92,800 resistance might send the price further higher. In the stated case, the price could rise and test the $93,200 resistance. Any more gains might send the price toward the $93,500 level. The next barrier for the bulls could be $94,000 and $94,500.<\/p>\n

Another Decline In BTC?<\/h2>\n

If Bitcoin fails to rise above the $92,000 resistance zone, it could start another decline. Immediate support is near the $90,650 level. The first major support is near the $90,300 level.<\/p>\n

The next support is now near the $89,250 zone. Any more losses might send the price toward the $88,500 support in the near term. The main support sits at $87,250, below which BTC might accelerate lower in the near term.<\/p>\n

Technical indicators:<\/p>\n

Hourly MACD \u2013 The MACD is now gaining pace in the bullish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $90,650, followed by $90,300.<\/p>\n

Major Resistance Levels \u2013 $91,500 and $92,000.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a downside correction below $92,500. BTC is now struggling and might face barriers for a fresh increase near $92,000. Bitcoin started a downside correction and traded below the $91,200 zone. The price is trading below $91,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance […]<\/p>\n","protected":false},"author":0,"featured_media":125789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-125788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125788"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125788"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/125789"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}