{"id":126564,"date":"2026-01-13T02:24:05","date_gmt":"2026-01-13T02:24:05","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=126564"},"modified":"2026-01-13T02:24:05","modified_gmt":"2026-01-13T02:24:05","slug":"bitcoin-price-stays-pinned-above-support-setting-up-a-bigger-move","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=126564","title":{"rendered":"Bitcoin Price Stays Pinned Above Support, Setting Up a Bigger Move"},"content":{"rendered":"

Bitcoin price started a consolidation phase below $92,000. BTC is holding the $89,500 support and might attempt to start a fresh increase.<\/em><\/p>\n

Bitcoin started a recovery wave above $90,000 and $90,500.
\nThe price is trading above $91,000 and the 100 hourly Simple moving average.
\nThere is a bullish trend line forming with support at $90,650 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might continue to move up if it stays above the $90,000 zone.<\/p>\n

Bitcoin Price Stays In A Range<\/h2>\n

Bitcoin price managed to stay above the $89,500 support and started a minor recovery wave<\/a>. BTC was able to settle above $90,000 and $90,500.<\/p>\n

The bulls were able to push the price above $91,500, and the 23.6% Fib retracement level of the downward move from the $93,770 swing high to the $89,225 low. However, the price seems to be facing a major hurdle near the $92,000 level.<\/p>\n

The 50% Fib retracement level of the downward move from the $93,770 swing high to the $89,225 low is acting as a resistance. Besides, there is a bullish trend line forming with support at $90,650 on the hourly chart of the BTC\/USD pair.<\/p>\n

Bitcoin is now trading above $91,000 and the 100 hourly Simple moving average<\/a>. If the price remains stable above $90,500, it could attempt a fresh increase. Immediate resistance is near the $92,000 level. The first key resistance is near the $92,800 level.<\/p>\n

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

The next resistance could be $93,450. A close above the $93,450 resistance might send the price further higher. In the stated case, the price could rise and test the $94,000 resistance. Any more gains might send the price toward the $94,500 level. The next barrier for the bulls could be $95,000 and $95,500.<\/p>\n

Another Drop 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 $91,000 level. The first major support is near the $90,650 level and the trend line.<\/p>\n

The next support is now near the $90,000 zone. Any more losses might send the price toward the $89,500 support in the near term. The main support sits at $89,250, below which BTC might accelerate lower in the near term.<\/p>\n

Technical indicators:<\/p>\n

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

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

Major Support Levels \u2013 $91,000, followed by $90,650.<\/p>\n

Major Resistance Levels \u2013 $92,000 and $92,800.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a consolidation phase below $92,000. BTC is holding the $89,500 support and might attempt to start a fresh increase. Bitcoin started a recovery wave above $90,000 and $90,500. The price is trading above $91,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $90,650 […]<\/p>\n","protected":false},"author":0,"featured_media":126565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-126564","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\/126564"}],"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=126564"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/126564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/126565"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}