# technicalanalysis

🚀 BTC $93K BREAKOUT? January 5 Market Alpha 📊
Bitcoin is starting the first full week of 2026 with a BANG. We just touched a multi-week high of $93,323! 📈 The bulls are clearly in control, but are we ready for $100K or a local top?
Here is the breakdown for the Gate.io Fam:
1️⃣ The Technical Setup (1H Chart)
• Resistance: $93,500. This is the big one. Flip this, and we enter the "FOMO Zone" toward $96K-$100K.
• Support: $91,500 is our immediate floor. If we lose it, look for a "Buy the Dip" opportunity at $88,200 (Major Whale Liquidity).
• RSI: Sitting at 64—strong momentum but not yet over

#BTCTechnicalRecoveryAfterBreakdown
Bitcoin recently went through a classic technical breakdown, shaking out weak hands and triggering panic across the market. Price broke below key support levels, stop-losses were hunted, and sentiment quickly shifted from confidence to fear. However, for experienced traders, this move was not the end — it was a reset before recovery.
After the breakdown, BTC entered a stabilization phase, where selling pressure started to weaken. Volume during the drop was high, signaling capitulation rather than healthy continuation. This is often the first clue that the do