Bitcoin (BTC) Analysis – January 19, 2026

■ Weekly Close:

The price of Bitcoin closed last week at 93,673.14, which is a positive close as it settled above the level of 91,910.00 - 91,168.00, reflecting the strength of the bullish momentum.

■ Current Situation:

The price of Bitcoin has seen a slight decline during recent trading, after part of the selling pressure was exhausted. Currently, the price is moving near the 61 Fibonacci level at 92,610. If it manages to stay above this level, we expect the price to bounce upward to visit the first resistance at 93,560.00 - 94,140.00. If it breaks this resistance and holds above it, the rally may extend to 95,100.00 - 95,550.00.

■ Alternative Scenario:

If the price breaks the current support level at 91,910.00 - 91,168.00, the decline may extend to the next support at 90,300.00 - 89,450.00 where there is major support at the ascending trend line.

■ Technical Levels:

Resistance:

First Resistance: 93,560.00 - 94,140.00 (+0.3% — +1.7%)

Next Resistance: 95,100.00 - 95,550.00 (+2.7% — +4.2%)

Support:

First Support: 91,910.00 - 91,168.00 (-0.8% — -1.6%)

Next Support: 90,300.00 - 89,450.00 (-3.2% — -4.4%)