NewsBTC
Jan 5, 2026
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Bitcoin Price Surges Above $91,200, Eyes Further Gains

Bitcoin Price Analysis

  • Bitcoin surged above $91,200, showing bullish signs.
  • The price is trading over $92,000 and the 100 hourly Simple Moving Average.
  • A bullish trend line forms with support at $91,500 on the BTC/USD hourly chart.
  • Potential continuation of the uptrend if it remains above $91,200.

Upside Potential

  • BTC surpassed $92,000, reaching a high of $93,333.
  • Stability observed above the 23.6% Fib retracement from $90,804 to $93,333.
  • If stable above $91,500, a recovery wave might target $93,200 and $93,500.
  • Breaking $94,000 resistance could propel BTC towards $94,650 and $95,000 levels.
  • Further resistance levels are at $95,500 and $95,800.

Bitcoin Price

Potential Decline

  • Failure to rise above $93,200 may lead to a decline.
  • Immediate support found near $92,200 and first major support at $92,000.
  • Additional support levels include $91,500; further losses could hit $90,500.
  • Main support sits at $90,000; breaking below may accelerate declines.

Technical Indicators

  • Hourly MACD: Gaining pace in the bullish zone.
  • Hourly RSI: Above the 50 level for BTC/USD.
  • Major Support Levels: $92,000, $91,500.
  • Major Resistance Levels: $93,200, $94,000.