Bitcoin (BTC) is trading in an ascending price channel, and the market situation indicates that it is approaching a key turning point. Two distinct levels are being monitored by analysts: a move above $105,000 could confirm ongoing momentum, and a decline below $83,000 could signal a systematic shift.<\/p>\n
EGRAG CRYPTO posted<\/a> that Bitcoin is compressing near the lower side of its rising trend. According to their breakdown, the channel is still holding, but pressure is building.<\/p>\n \u201cA weekly close above $105K confirms strength,\u201d EGRAG noted.<\/p>\n If that happens, it could open the way toward the $180K to $210K zone. However, they warned that \u201ca weekly close below $83K would break the channel\u201d and suggested weakness in the current cycle.<\/p>\n For now, the price action still respects the existing structure. Bitcoin touched a high of $98,000 on Thursday before dropping slightly on news related to a delay<\/a> in legislative discussions. Despite this, it has held above $96,000 and remains up by over 6% this week.<\/p>\n Bitcoin is outperforming many other assets even as broader markets turn cautious. The total crypto market cap stands at $3.34 trillion, with BTC making up over 57% of it.<\/p>\n Rekt Capital commented<\/a> that Bitcoin\u2019s current price behavior is similar to what was seen in late November 2024. \u201cBitcoin could weekly close around $97K but retest $93,500 next week,<\/em>\u201d they shared. They also noted that BTC is near its Bull Market EMAs but has not yet confirmed these levels as support.<\/p>\n #BTC<\/a><\/p>\n Even though the Bull Market EMAs are teasing to act as resistance, history suggests Bitcoin shouldn\u2019t struggle to break beyond them<\/p>\n However history suggests Bitcoin will struggle to keep them as support and the crossover may occur once the EMAs have been turned into new\u2026 https:\/\/t.co\/QqDtHmhNXS<\/a> pic.twitter.com\/H56rg1LdZN<\/a><\/p>\n \u2014 Rekt Capital (@rektcapital) January 14, 2026<\/a><\/p>\n\n In addition, Bitcoin is also testing key moving averages. According to Merlijn The Trader, the asset has reclaimed<\/a> its 50-day average. Holding this level could support a continuation higher, with the next resistance at the 100-day average.<\/p>\n CW shared<\/a> that large holders continue to dominate trading volume. The recent drop<\/a> in demand from smaller buyers may create pressure during any downside moves.<\/p>\n \u201cRetail investors have very little influence,\u201d they stated.<\/p>\n Meanwhile, data shared by CryptosRus suggests that long-term holders are selling less. \u201cOG selling at local tops has been rolling over,<\/em>\u201d they wrote. Coins that have been held for five or more years are not moving at the same pace as earlier in the cycle.<\/p>\n OG BITCOIN SELLING IS DRYING UP <\/p>\n This chart is important. It tracks #Bitcoin<\/a> being spent by OG holders \u2014 coins that sat dormant for 5+ years.<\/p>\n Earlier this cycle, OGs were very active. Selling pressure from long-term holders actually exceeded the last cycle, which made sense.\u2026 pic.twitter.com\/EBIVPn9dP3<\/a><\/p>\n \u2014 CryptosRus (@CryptosR_Us) January 15, 2026<\/a><\/p>\n\n This shift could reduce supply in the short term. If demand stays steady while older coins remain off the market, Bitcoin may find support more easily.<\/p>\n The post Bitcoin\u2019s (BTC) Future Hinges on These 2 Key Levels<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin (BTC) is trading in an ascending price channel, and the market situation indicates that it is approaching a key turning point. Two distinct levels are being monitored by analysts: a move above $105,000 could confirm ongoing momentum, and a decline below $83,000 could signal a systematic shift. Key Bitcoin Price Levels Under Watch EGRAG […]<\/p>\n","protected":false},"author":0,"featured_media":127372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-127371","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\/127371"}],"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=127371"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/127371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/127372"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Price Movement and Market Conditions<\/h2>\n
Whales in Control, Retail Cools Off<\/h2>\n