$BTC Technical Update — January 11, 2026
Bitcoin is currently in a critical consolidation phase, two weeks removed from testing the $95,000 resistance zone.
Chart Analysis:
The 3-day MACD indicates a bullish crossover; however, price action shows weakening momentum within the $87,200–$94,800 range.
The most recent 3D candle closed bearish, now retesting key support.
Weekly support is established at $86,500–$86,800, coinciding with MA99–100, forming the primary short-term bull protection zone.
Price has confirmed two lower 3D bottoms, approaching a potential third bottom near $87,200, which will be decisive for trend continuation.
Interpretation:
As long as
$BTC holds above $86,500–$87,200, the broader uptrend remains intact, and further upside toward $94,800–$95,000 is plausible.
A failure below weekly support, particularly if MA25 crosses below MA99–100, would signal the initiation of a long-term bearish phase.
Key Levels to Monitor:
Support: $86,500 – $87,200
Resistance: $94,800 – $95,000
Conclusion:
Bitcoin is currently in a re-accumulation phase. Traders should monitor structural support and weekly moving averages closely before committing to long positions.
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