$BTC Bitcoin trades at around $90,000+ after a 2.2% 24h gain, rebounding from Davos volatility amid Trump's pro-crypto signals and tariff de-escalation, but faces short-term resistance.
Technical Outlook
BTC tests $92,505 resistance after dipping below $88K; support holds at $87,405 with RSI neutral (45-47) and 50-day MA ~$90K. Short-term bearish tilt if below $87K (target $78K), but 20-day MA uptrend + low ADX (20-30) favors consolidation before $100K push.
Key Drivers
Bullish Catalysts: MicroStrategy's $2B buys, Davos tokenization buzz, and Trump reg clarity fuel institutional flows; forecasts eye $93K Jan end, $100K+ Feb.
Risks: YTD flat amid JGB fears/gold shift; break under $84K signals deeper correction.
Long bias: DCA above $87K support for 2026 ATHs.
