{"id":127225,"date":"2026-01-15T02:53:04","date_gmt":"2026-01-15T02:53:04","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=127225"},"modified":"2026-01-15T02:53:04","modified_gmt":"2026-01-15T02:53:04","slug":"bitcoin-price-clears-the-ceiling-is-100k-the-next-test","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=127225","title":{"rendered":"Bitcoin Price Clears the Ceiling\u2014Is $100K the Next Test?"},"content":{"rendered":"

Bitcoin price started a fresh increase above $95,500. BTC is trading above $96,000 and might soon aim for a move to $100k in the near term.<\/em><\/p>\n

Bitcoin started a decent increase above $94,000 and $95,500.
\nThe price is trading above $95,000 and the 100 hourly Simple moving average.
\nThere is a bullish trend line forming with support at $95,250 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 $95,000 zone.<\/p>\n

Bitcoin Price Breaks Key Resistance<\/h2>\n

Bitcoin price managed to stay above the $92,500 support and started a fresh increase<\/a>. BTC was able to settle above $94,000 and $95,000.<\/p>\n

The bulls were able to push the price above $95,500. Finally, the price spiked above $97,000. A high was formed at $97,898, and the price is now consolidating gains above the 23.6% Fib retracement level of the recent wave from the $89,995 swing low to the $97,898 high.<\/p>\n

Bitcoin is now trading above $96,000 and the 100 hourly Simple moving average<\/a>. If the price remains stable above $95,500, it could attempt a fresh increase. Immediate resistance is near the $97,200 level. The first key resistance is near the $97,800 level.<\/p>\n

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

The next resistance could be $98,000. A close above the $98,000 resistance might send the price further higher. In the stated case, the price could rise and test the $98,800 resistance. Any more gains might send the price toward the $99,500 level. The next barrier for the bulls could be $99,800 and $100,000.<\/p>\n

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

If Bitcoin fails to rise above the $97,200 resistance zone, it could start another decline. Immediate support is near the $96,000 level. The first major support is near the $95,250 level and the trend line.<\/p>\n

The next support is now near the $94,000 zone or the 50% Fib retracement level of the recent wave from the $89,995 swing low to the $97,898 high. Any more losses might send the price toward the $93,000 support in the near term. The main support sits at $92,500, 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 above the 50 level.<\/p>\n

Major Support Levels \u2013 $96,000, followed by $95,250.<\/p>\n

Major Resistance Levels \u2013 $97,200 and $97,800.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a fresh increase above $95,500. BTC is trading above $96,000 and might soon aim for a move to $100k in the near term. Bitcoin started a decent increase above $94,000 and $95,500. The price is trading above $95,000 and the 100 hourly Simple moving average. There is a bullish trend line forming […]<\/p>\n","protected":false},"author":0,"featured_media":127226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-127225","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\/127225"}],"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=127225"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/127225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/127226"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}