{"id":128660,"date":"2026-01-21T02:00:23","date_gmt":"2026-01-21T02:00:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=128660"},"modified":"2026-01-21T02:00:23","modified_gmt":"2026-01-21T02:00:23","slug":"bitcoin-under-pressure-after-90600-drop-but-this-retest-will-decide-the-trend","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=128660","title":{"rendered":"Bitcoin Under Pressure After $90,600 Drop, But This Retest Will Decide The Trend"},"content":{"rendered":"

Bitcoin<\/a> has come under renewed pressure after sliding toward the $90,600 region, putting short-term sentiment back on edge. While the move has shaken weak hands, price is now approaching a critical retest zone that could determine whether this dip is merely a shakeout or the start of a deeper correction. How BTC reacts here will likely set the tone for the next directional move.<\/p>\n

Bitcoin Slides to $90.6K As Selling Pressure Returns<\/h2>\n

According to an update<\/a> by Lennaert Snyder, Bitcoin has extended its downside move, dumping toward the $90,623 level. The latest decline suggests increasing near-term weakness, with expectations that the US market opening could add further pressure and keep sentiment<\/a> cautious.<\/p>\n

Despite the volatility<\/a>, Snyder emphasizes the importance of patience in such conditions, waiting for clear triggers, especially as the market navigates a fragile structure after the recent sell-off. On the bullish side, a potential scalp setup emerges if BTC manages to break the M15 market structure by reclaiming the $91,265 level. Should this occur, the initial upside target is located near the $93,377 resistance, with the monthly high serving as the ultimate objective if momentum continues to build.<\/p>\n

From a bearish<\/a> perspective, current prices are considered too low to aggressively pursue shorts. Instead, attention shifts to a possible retest of the $93,000 resistance zone, where short positions would only be considered after clear confirmation of rejection.<\/p>\n

Looking ahead, a clean reclaim of the $93,377 resistance would signal continuation to the upside and reopen the path toward the monthly highs. However, if no bullish reversal materializes in the near term, Bitcoin may remain range-bound and gradually grind lower through the rest of the week.<\/p>\n

Bitcoin At A Crossroads: Two Scenarios In Play<\/h2>\n

Ardi outlined<\/a> two possible scenarios for Bitcoin\u2019s next major move, both centered around the key $94,000 resistance zone. This level remains the main decision point that will determine whether the market<\/a> resumes its broader upside trend or rolls over into deeper downside.<\/p>\n

Path A suggests a bullish outcome, where price pushes back into the $94,000 resistance, breaks through with strong acceptance, and continues higher toward the $100,000+ region. In this scenario, the recent downside move would be seen as a shakeout rather than a trend reversal, clearing weak hands before continuation.<\/p>\n

However, path B points to another potential fakeout into the $94,000 resistance, only to get rejected once again at the top of the range, followed by a breakdown<\/a> below $90,000 and a liquidity sweep toward the $88,000 area before the next meaningful move develops.<\/p>\n

Both scenarios likely involve a retest of the $94,000 zone. The key difference lies in what happens after that test, whether price acceptance confirms strength, or rejection signals another leg lower.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin has come under renewed pressure after sliding toward the $90,600 region, putting short-term sentiment back on edge. While the move has shaken weak hands, price is now approaching a critical retest zone that could determine whether this dip is merely a shakeout or the start of a deeper correction. How BTC reacts here will […]<\/p>\n","protected":false},"author":0,"featured_media":128661,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-128660","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\/128660"}],"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=128660"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/128660\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/128661"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}