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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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From cointelegraph.com | Jan 8, 2026
Bitcoin's start of year rally ran into stiff resistance near $93,000, triggering a pullback that has shifted the market’s focus back to key support levels. While the higher-time-frame (HTF) structure still looks fragile, the lower time-frame (LTF) signal suggests bulls may yet have room to regain control if critical levels hold. • Bitcoin rejected at ...
From atfx.com | Jan 9, 2026
The $94000 level has provided a stubborn resistance for Bitcoin with a sharp move to $89,200. The current bounce will need to return above the resistance for a chance of bullish activity. Some analysts see the recent bearish activity in BTC as a cap on any near-term strength. Retail investors will be looking at gold and silver, rather than crypto, and ...
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