🚀 BTC Market Update: Will Bitcoin Break 90K?
Bitcoin is currently in a strong bullish momentum. Today, January 2, 2026, the chart analysis shows that Bitcoin is very close to a major psychological resistance level.
📊 Chart Observation:
Current Price: Around $89,675 USDT.
24-Hour High: $89,942.44 (Rejected just below $90K).
Moving Averages (MA): The price is currently above the MA(7), MA(25), and MA(99), indicating a clear Uptrend.
Volume: The volume has increased quite a bit in the last few hours, which proves the dominance of buyers in the market.
💡 Next Possible Moves:
1. If Bitcoin can close the candle above $90,000 and create support there, we could see a new all-time high very soon.
2. However, there could be significant selling pressure in the $90K area. If rejected from here, the price could return to the $88,500 - $89,000 support zone.
🎯 Trading Tip:
Those who are already in profit can trail their stop loss. It would be wise to wait for a 90K breakout or a small pullback (correction) for a new entry.
Note: Crypto markets are very risky. Make sure to do your own research (DYOR) before taking any trade.
