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$BTC : The $94,000 Battleground! | 24-Hour Trade Plan (Jan 8, 2026)
$BTC has kicked off 2026 with a bang! After surging 8% in the first week of the year, Bitcoin is now fighting a critical war at the $94,000 resistance. With institutional ETPs expanding and retail sentiment flipping back to "Greed," today’s price action is crucial.
📊 Market Pulse: We are seeing a consolidation in the $91,000–$94,000 range. The 24-hour volume is holding steady at over $50B, suggesting that this isn't just "noise"—it's real accumulation.
$BTC 🟢 BUY ZONE (Entry): $91,500 – $92,500
Look for a bounce at the $91,700 support level (61.8% Fibonacci retracement).
If we see a deeper "fake-out," the heavy-duty support sits at $90,000.
🔴 SELL ZONE (Take Profit): $97,000 – $98,500
TP1: $94,500 (Must flip this to confirm the rally).
TP2: $98,000 (Major psychological resistance before the $100K dream).
⚠️ STOP LOSS: Close your position if the price daily-closes below $89,800.
💡 Trader's Note: Bitcoin is currently acting as a geopolitical hedge. While the trend is bullish, keep an eye on the RSI (56)—we have room to run before becoming "overheated," but watch for any "Bull Trap" signals if volume drops near $95k.
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