Bitcoin is stabilizing at $95,778 while maintaining its upward trend but approaching critical resistance zones with a daily %1.33 drop. RSI at 66.86 shows strong momentum, while Supertrend’s bearish signal puts horizontal consolidation risk on the table – the market is holding its breath at the intersection of 11 strong MTF levels.
Market Outlook and Current Situation
BTC/USDT is trading at $95,778.56 as of January 15, 2026, showing a %1.33 drop over the last 24 hours. The daily range was limited to $95,435.91 – $97,924.49, and volume remains solid at $25.09 billion. The overall trend is still upward; the price is positioned above EMA20 ($91,889.83), giving a short-term bullish signal. This can be read as a continuation of the upward momentum seen in recent weeks – Bitcoin is striving from $80k levels toward $100k, but today’s mild correction can be interpreted as profit-taking and potential profit accumulation.
There is no significant news flow in the market overall; this highlights the prominence of technicals. In a multi-timeframe (MTF) context, 11 strong levels were identified on 1D/3D/1W charts: 3 supports/2 resistances on 1D, 2 supports/2 resistances on 3D, and 2 supports/3 resistances on 1W. This confluence suggests the price may be confined between $94-98k in the near term. I recommend investors direct their attention to the BTC Spot Analysis page, as spot volume is leading the upside.
In the broader market setup, altcoins are declining against BTC, with dominance increasing. This reinforces Bitcoin’s leadership while laying the groundwork for a potential rally. Volume stability is a positive sign for trend continuation; however, Supertrend’s bearish stance warns against a sudden reversal.
Technical Analysis: Key Levels to Watch
Support Zones
The strongest support stands at $90,003.5911 (score: 74/100); this level provides confluence on 1D and 3D timeframes and aligns with the fibo 0.618 retracement of the recent upward wave. This zone will be the first line of defense in a potential deep correction – a break could open the $80k bearish target. The second critical support is $94,563.6567 (65/100), positioned near daily pivots and representing the lower end of the last 24-hour drop. A mild pullback could be absorbed here, as high liquidity is visible in the volume profile.
The third support is $92,927.9125 (60/100), running parallel to EMA20 and forming a strong base on the 1W timeframe. These three zones will test the integrity of the upward trend; holding at any of them could revive the bullish scenario. MTF analysis shows a 70% probability these supports will hold, but risk increases if volume stays low.
Resistance Barriers
The nearest resistance is $96,973.0211 (68/100), above today’s daily range and a clear barrier in the volume network. A break of this level will be a gateway to gaining momentum; it’s only %1.3 away from the current $95.7k price. The main resistance is $98,851.2914 (72/100), aligned with Supertrend resistance at $103,918.76 and possessing 1W/3D confluence. This zone is near recent highs – a break could trigger a $114k bullish target, otherwise rejection would deepen the correction.
Resistance zones outline the limits of the upward trend; if around $97k is tested, monitor long/short ratios in futures contracts for BTC Futures Analysis. Pin bars or dojis forming around these levels could provide reversal clues.
Momentum Indicators and Trend Strength
RSI (1D) at 66.86, close to the overbought threshold ($70+) but still in bullish territory – this confirms solid momentum. In recent weeks, RSI has stayed stable above 50, confirming trend strength; no divergence, meaning continuation potential is high. MACD is bullish: positive histogram and crossover above the signal line, supporting upward momentum. Histogram width is increasing, with growing distance above the zero line.
EMAs are bullish short-term: Price above EMA20 ($91,889), with golden cross formed with EMA50 and EMA200. However, Supertrend’s bearish signal ($103k resistance) imposes caution in the medium-term trend – this relative weakness should be balanced with confluence. Bollinger Bands are contracting, expecting a volatility breakout; candle formations (bullish engulfing) are supportive. Overall trend strength is medium-high with ADX 28; upside dominant but showing fatigue signs. On MTF, 1W RSI 62, 3D 68 – consistent bullish picture.
In the Ichimoku cloud, price is above the cloud, with bullish tenkan/kijun cross. OBV shows volume increase, smart money flow positive. These indicators emphasize trend solidity while balancing Supertrend inconsistency risk.
Risk Assessment and Trade Outlook
In the bullish scenario, a $98.8k break opens the $114k target (approx. %19 upside); from current $95.7k, risk to $94.5k support (%1.2 downside) provides ~15:1 R/R. On the bearish side, $94.5k loss leads to $92.9k, then $90k – ultimate $80k (%16 downside) possible, but low probability (%35) as long as uptrend integrity holds. Overall outlook neutral-bullish: Upward trend dominant, correction looks healthy.
Risks: Volume drop or sudden macro events (Fed etc.) could disrupt the trend. Positive catalysts: Institutional buying or ETF flows. For futures trading, compare with BTC Spot Analysis. Balanced approach: Wait for support hold, long bias on resistance test. Market is volatile; stop-losses essential.
Long-term, BTC’s $100k+ journey continues while short-term confluence is critical. Investors should adapt by monitoring MTF levels – this is key in professional analysis.
