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2785
Cryptocurrencies
58.14%
Bitcoin Share
Coin Edition 2026-01-04 12:35:48

Bitcoin Price Prediction: Compression Builds Near $92,000 As Buyers Defend Rising Support

Bitcoin Price Prediction: Compression Builds Near $92,000 As Buyers Defend Rising Support

Bitcoin is coiling between rising short-term support and descending resistance, signaling compression rather than a confirmed trend. Buyers continue to defend the $89,500–$90,000 area, while sellers cap upside below $95,100 Supertrend resistance. Spot selling pressure has eased, increasing the odds of a decisive breakout or breakdown early this week. Bitcoin price today trades near $91,300 as the market moves into Jan 5 locked inside a tightening structure. Buyers are defending a rising short-term trendline, while sellers continue to cap upside below a descending resistance line that has defined price action since November. The result is compression, not momentum, with direction likely decided early this week as U.S. markets reopen. Compression Tightens As Trendlines Converge BTC Price Dynamics (Source: TradingView) On the daily chart, Bitcoin contin… Read The Full Article Bitcoin Price Prediction: Compression Builds Near $92,000 As Buyers Defend Rising Support On Coin Edition .

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24h Vol
58.14%
Bitcoin Share
0
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