NewsBTC
Jan 7, 2026
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Bitcoin Price Rises Above $92,000, Facing Resistance at $93,750

Bitcoin Price Analysis

  • Bitcoin price increased above $92,000, now correcting gains and may test $90,500 support.
  • Trading above $92,000 and 100 hourly Simple Moving Average.
  • Bearish trend line resistance at $93,750 on BTC/USD hourly chart.
  • Potential for further upward movement if staying above $90,500.

Resistance and Support Levels

  • Immediate resistance at $93,200; key resistance at $93,500.
  • Further resistance levels: $94,000, $95,000, $95,800, $96,200, $96,500.
  • If unable to rise above $93,500, decline possible with support at $92,000, $91,800, $90,500, and critical at $90,000.

Bitcoin Price

Technical Indicators

  • Hourly MACD: Losing pace in bullish zone.
  • Hourly RSI: Below 50 level.
  • Major Support Levels: $92,000, $90,500.
  • Major Resistance Levels: $93,500, $94,000.