Hello, community! Bitcoin kicks off 2026 🚀 in a consolidation phase following the volatility of late 2025. Currently trading near $88,500, the market is flashing mixed signals.
- RSI at 70+ indicates strong bullish momentum, but low volume suggests a need for caution.
- The technical structure shows a tight range between $85,000–$90,000, with bulls successfully defending the 61.8% Fibonacci level at $88,319.
Key Trading Levels:
- Critical Support: $88,000 (consolidation midpoint) | $85,000–$82,000 (capitulation zone).
- Immediate Resistance: $90,000–$91,000 (breakout target) | $94,000+ if volume spikes.
- Bullish Scenario: A daily close above $90K points toward the $100K milestone; AI averages forecast $91,900 by the end of January.
- Bearish Risk: A drop below $85K could test $82K or lower.
What do you think is the best or worst-case scenario for this month?
#Bitc #BTC2026 #technicalanalyst $BNB $ETH $BTC #Binance