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Market Analysis – January 12
BTCUSD is entering a formative bullish phase supported by strengthening momentum. BTCUSD is beginning to display a constructive upside transition as key momentum gauges rotate in favor of buyers. Price is holding firm above the 9-day moving average near $92140, signaling renewed short-term engagement. The MACD has shifted into positive territory around $540, with its lines tightening and curling higher, which points to steady demand rather than heavy profit-taking. Market conditions are gradually improving as uncertainty fades and directional clarity builds.
Technically, BTCUSD continues to honor an ascending trendline originating from the $86350 base while establishing progressively higher lows toward the $94910 region. The rebound from the $85010 demand pocket highlights strong buying interest, with downside attempts quickly absorbed. Price is now testing a former supply zone around $94910, where previous rejection occurred, making this level a near-term inflection point. Current structure suggests methodical accumulation, as pullbacks remain shallow and orderly.
From a forward-looking perspective, holding above $92140 keeps the upside pathway intact, with a decisive move beyond $95000 likely to expose $102110 as the next logical objective. A continuation in momentum could extend gains toward the $110540 area, where historical supply is clustered. Risk to the downside remains contained above $90000, with broader structure only weakening below $86350. Overall conditions favor further appreciation provided trend integrity and momentum alignment remain in place.
BTCUSD Short-Term Trend: Bullish
BTCUSD on the four-hour chart is undergoing a controlled pullback within a developing bullish structure, as price holds above the rising trendline near $91260. The 9-period moving average around $93320 remains supportive, while MACD is turning higher from positive territory, indicating momentum is rebuilding rather than reversing.
Price has reacted cleanly from the $92000 to $91300 demand zone, suggesting institutional accumulation on dips. A sustained hold above $92000 is likely to set the stage for a continuation move toward $96000 and potentially $100000 in the sessions ahead, aligning with strengthening crypto signals.
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
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