NewsBTC
Jan 9, 2026
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Bitcoin Trades Below $92,000 Amid Bearish Trendline Resistance

Bitcoin is undergoing a downside correction, trading below $92,000, and faces resistance at this level.

  • BTC dipped below $91,200, testing the $90,000 support.
  • A low was recorded at $89,225, with attempts to recover above $90,500.
  • The 50% Fib retracement of the decline from $93,770 to $89,225 was tested as the price climbed higher.
  • Currently, Bitcoin trades below the 100 hourly Simple Moving Average, with bearish trend line resistance at $92,000.
  • If BTC stabilizes above $90,300, it may attempt a fresh increase, facing immediate resistance at $91,500 and key resistance at $92,000.
  • Further resistance levels are at $92,800 and potentially up to $93,500 if breached.

If BTC fails to overcome the $92,000 resistance, another decline could occur:

  • Immediate support lies near $90,650, with major support at $90,300.
  • Further declines might target supports at $89,250, $88,500, and $87,250.

Bitcoin Price

Technical indicators:

  • Hourly MACD is gaining pace in the bullish zone.
  • Hourly RSI is above the 50 level for BTC/USD.
  • Major Support Levels: $90,650, $90,300.
  • Major Resistance Levels: $91,500, $92,000.