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Bitcoin Battles $90K Support as Bulls Face Critical Test Amid Rising Short Interest
Bitcoin BTC/USD is trading above $90,000, and the volatility has been rather low over the past 24 hours. However, the leading cryptocurrency is at a key point since technical indicators are sending contradictory signals after a failed breakout effort earlier this week. In early January, Bitcoin jumped 8% to $93,000, but it hit a major resistance level for the third time and printed what analysts call a swing failure pattern (SFP). The next decline brought prices down to weekly lows at $89,250, which made them wonder if the early 2026 rebound has enough energy to keep going. The cryptocurrency is currently testing a ... (full story)
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