A Breather at 94K... Should We Buy the Dip
📉 Bitcoin Update - January 14, 2026
After touching the $96,500 ceiling, Bitcoin is entering a technical consolidation phase and is currently trading around $94,800. Here is a quick reading of the chart:
1️⃣Indicator Cool-down (4H)
The current pullback is "very healthy." Momentum indicators were overheated and needed this slight drop to reset overbought conditions before the next wave.
2️⃣Underlying Strength (1D)
The Relative Strength Index (RSI) is still in safe territory (64), meaning the "fuel tank" is not empty yet, and the overall trend remains strongly bullish.
🛡 Critical Zones
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Solid Support: The $93,200 - $93,500 zone. Holding this level means the journey toward 100K continues. 🚀 Key to the Upside: Returning to close above $95,500 ends the correction immediately.
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Conclusion: No need to panic over the temporary red candles. Watch the 93K area... it might be a golden opportunity!
What are your expectations for the daily close?
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