2026-01-07 13:24:50

Bitcoin Technical Setup: Key Resistance Levels Ahead

Since the start of the year, Bitcoin has powered higher with roughly 8% gains from the yearly open. Yesterday's price action saw strong rejection right at the supply zone highs—a classic stop-loss hunt pattern that caught many traders off guard.

The chart is now pointing to a critical convergence zone between 94K and 95K. This is where multiple resistance levels stack up, making it a make-or-break area for bullish continuation. If we're looking at the broader structure, this confluence represents the most important barrier traders need to watch in the near term.

With momentum in place but headwinds building, a pullback to the 90.7K to 91K support band looks increasingly probable. This zone offers solid ground for buyers, assuming the uptrend still has legs. Watch how price interacts with these levels—it'll tell you whether we're looking at accumulation or a deeper correction.

BTC0,61%

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GateUser-00be86fc

· 01-10 05:44

Stop-loss hunting is back again. Can it break through 94K this time? Feeling uncertain.

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ILCollector

· 01-09 15:33

94-95K, what's that about? It's going to get smashed down again, history always repeats itself, and this time is no exception.

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WenAirdrop

· 01-08 02:41

Coming back to stop-loss hunting? Wow, I'm tired of this routine... Can 94K really break? I doubt it; the real test is at that 90.7K level.

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FreeMinter

· 01-07 13:55

It's another stop-loss hunt; this wave is definitely being manipulated by a whale trying to trap traders. Breaking through the 94K-95K level is the real deal; otherwise, get ready to buy the dip at 91K.

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degenonymous

· 01-07 13:50

Same old story, is 94-95K a must break or a must hold? Every time it's said like this, but what's the result?

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WhaleWatcher

· 01-07 13:35

It's another stop-loss trap, I'm really tired of this routine.

Yesterday's rejection caused many to get liquidated. The 94-95K level feels very dangerous; we must hold it.

If the 90.7K bottom breaks, it would be bad. I genuinely think a deeper correction could happen now.

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DaisyUnicorn

· 01-07 13:31

94K, this flower, is playing psychological games with the bulls again... The brothers who were hunted in the supply zone last time should still be healing now.

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