Battle at $95K: Can Bitcoin Bulls Hold the Line?

image

Source: CryptoNewsNet Original Title: Battle at $95K: Can Bitcoin Bulls Hold the Line? Original Link: With bitcoin priced at $95,101 on Sunday, its market cap holding strong at $1.89 trillion, and a 24-hour trading volume humming at $19.02 billion, traders are watching a tight intraday range between $94,869 and $95,543 like hawks. The mood? Restless. The charts are calling out indecision with the subtlety of a marching band.

Bitcoin Chart Outlook

Let’s start with the daily chart. Momentum built a lovely staircase up to $97,939, but since then, bitcoin has been lounging just below $96,000, as if waiting for someone to bring it coffee. The trend still shows higher highs and higher lows, confirming a broader uptrend, but don’t mistake a nap for a sprint.

Recent candles are shrinking, and volume is tapering off—classic signs of bullish fatigue. Support is lounging between $90,000 and $91,000, while resistance clinks glasses up near $97,939. If this range were a party, the host has stepped out, and everyone’s just mingling by the snack table.

The four-hour chart reveals a tale of consolidation masquerading as strategy. Bitcoin is stuck between $94,500 and $96,000, tracing out a descending triangle that smells faintly of bearish intentions. Volume is drying up faster than a summer puddle, hinting that commitment is in short supply. Should the price break $96,500, the next dance would likely be toward $97,900. But a slip below $94,500, and we may be revisiting the $92,000 to $91,000 neighborhood—the crypto version of returning to your hometown after trying to make it in the big city.

On the one-hour chart, bitcoin looks like it’s in a bit of a sulk. A series of lower highs and lower lows paints a picture of a short-term downtrend, reinforced by its inability to claw back above $95,600. Support at $94,839 is trying to hold the line, but enthusiasm is lacking. Momentum is whispering instead of shouting, and without a volume resurgence, this pattern might continue limping along. A break below $94,600 could see intraday traders eyeing the exits faster than a conference room fire drill.

Technical Indicators Analysis

Now to the indicators—those trusty tools with the bedside manner of a drill sergeant. The relative strength index (RSI), Stochastic oscillator, commodity channel index (CCI), average directional index (ADX), and Awesome oscillator are all playing it cool at neutral, giving us the crypto equivalent of a shrug. The momentum indicator, however, is perking up at 4,065, and the moving average convergence divergence (MACD) is showing its flirtatious side at 1,552—both leaning bullish.

Meanwhile, short-term moving averages (MAs) such as the exponential moving average (EMA) and simple moving average (SMA) from 10 to 50 periods are all suggesting continued strength. The long-term crowd, however—the EMA 100, SMA 100, EMA 200, and SMA 200—aren’t convinced, with values above the current price. It’s a classic bull-vs-bear standoff: youth versus wisdom.

In sum, bitcoin may be flashing bullish undertones on the longer timeframe, but short-term action is giving wallflower energy. The oscillators are noncommittal, the candles are nonchalant, and the volume is non-existent. Until we see a convincing move out of this congestion zone, this chart is basically the crypto equivalent of “it’s complicated.”

Bull Verdict

If bitcoin can muster the strength to break above $96,500 with conviction and volume, it could be game on for a retest of $97,900 and beyond. The short-term moving averages are already cheering from the sidelines, and momentum indicators are beginning to warm up. This bull just needs a little push to charge.

Bear Verdict

But if bitcoin fumbles and breaks below $94,500—especially without the backing of decent volume—it risks sliding toward $92,000 or even $91,000. The descending triangle on the 4-hour chart and a sluggish one-hour trend aren’t exactly confidence-inspiring. For now, bears are circling, waiting for indecision to become a slip.

FAQ

What is bitcoin’s current price today? Bitcoin is trading at $95,101 as of January 18, 2026.

Is bitcoin in an uptrend right now? The daily chart shows a confirmed uptrend, but momentum is cooling.

What price levels should traders watch near-term? Key support is near $94,000, and resistance sits around $96,500.

Where is bitcoin likely headed next? A breakout above $96,500 could push toward $97,900, while a drop below $94,500 may target $92,000.

BTC-2.2%
ADX-5.38%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)