{"id":9439,"date":"2026-01-16T06:00:24","date_gmt":"2026-01-16T06:00:24","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-blinks-after-the-run-market-watches-the-reaction\/"},"modified":"2026-01-16T06:00:24","modified_gmt":"2026-01-16T06:00:24","slug":"bitcoin-price-blinks-after-the-run-market-watches-the-reaction","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-blinks-after-the-run-market-watches-the-reaction\/","title":{"rendered":"Bitcoin Price Blinks After the Run, Market Watches the Reaction"},"content":{"rendered":"<p><em>Bitcoin price started a fresh increase above $96,000. BTC is correcting some gains and might decline to $94,000 before a fresh increase.<\/em><\/p>\n<ul>\n<li>Bitcoin started a decent increase above $95,000 and $96,000.<\/li>\n<li>The price is trading above $95,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a declining channel or a possible bullish flag forming with resistance at $96,200 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might continue to move up if it stays above the $95,000 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Dips and Corrects Some Gains<\/h2>\n<p>Bitcoin price managed to stay above the $93,500 support and started a fresh increase. BTC was able to settle above $95,000 and $95,500.<\/p>\n<p>The bulls were able to push the price above $96,000. Finally, the price spiked above $97,500. A high was formed at $97,898, and the price is now correcting some gains. There was a move below the 23.6% Fib retracement level of the recent wave from the $89,995 swing low to the $97,898 high.<\/p>\n<p>Bitcoin is now trading above $95,000 and the 100 hourly Simple moving average. If the price remains stable above $95,000, it could attempt a fresh increase. Immediate resistance is near the $96,000 level. The first key resistance is near the $96,200 level. There is also a declining channel or a possible bullish flag forming with resistance at $96,200 on the hourly chart of the BTC\/USD pair.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-876074\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/Bitcoin_3fac60.png?resize=1024%2C488\" alt=\"Bitcoin Price \" width=\"1024\" height=\"488\" \/><\/p>\n<p>The next resistance could be $97,000. A close above the $97,000 resistance might send the price further higher. In the stated case, the price could rise and test the $97,800 resistance. Any more gains might send the price toward the $98,800 level. The next barrier for the bulls could be $99,200 and $100,000.<\/p>\n<h2>Downside Continuation In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $96,200 resistance zone, it could start another decline. Immediate support is near the $95,000 level. The first major support is near the $94,000 level and the 50% Fib retracement level of the recent wave from the $89,995 swing low to the $97,898 high.<\/p>\n<p>The next support is now near the $93,000 zone. Any more losses might send the price toward the $91,850 support in the near term. The main support sits at $91,500, below which BTC might accelerate lower in the near term.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now losing pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $95,000, followed by $94,000.<\/p>\n<p>Major Resistance Levels \u2013 $96,200 and $97,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a fresh increase above $96,000. BTC is correcting some gains and might decline to $94,000 before a fresh increase. Bitcoin started a decent increase above $95,000 and $96,000. The price is trading above $95,000 and the 100 hourly Simple moving average. There is a declining channel or a possible bullish flag forming&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9440,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-9439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-btc","tag-bitcoin","tag-bitcoin-price","tag-btc","tag-btcusd","tag-btcusdt","tag-xbtusd"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/9439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=9439"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/9439\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/9440"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=9439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=9439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=9439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}