13 hours ago
Bitcoin (BTC) tin deed $105,000 wrong weeks arsenic a classical starring indicator stays bullish, says the latest marketplace analysis.
Key points:
Bitcoin is enjoying bullish RSI signals connected aggregate timeframes arsenic terms enactment consolidates.
A play RSI breakout occurred successful December and continues to hold.
Concerns astir BTC terms spot stay arsenic traders inactive spot caller lows to come.
RSI offers $105,000 BTC terms target
In an X post connected Thursday, trader BitBull noted an ongoing breakout connected Bitcoin’s play comparative spot scale (RSI).
While BTC terms enactment stays rangebound, an important RSI inclination displacement has successful information already been successful play since December.
A downtrend connected the indicator, which measures however “overbought” oregon “oversold” BTC/USD is astatine a fixed level, began successful September, with terms breaking done it earlier the 2025 yearly candle close.
“$BTC play RSI is calling for much upside here. Broke retired of its 3-month downtrend and holding supra the breakout line,” BitBull commented.
An accompanying illustration compared the latest breakout with 1 from earlier past year, which resulted successful respective months of BTC terms gains aft April’s section lows of $75,000.
“I deliberation BTC could deed $103K-$105K successful 3-4 weeks,” helium added.
BTC/USDT one-week illustration with RSI data. Source; BitBull/X
This week, James Easton, big of crypto trading podcast DeCRYPTion, had bully quality astir RSI connected the two-week chart.
The indicator, helium noted, is present astatine little levels than during the pit of Bitcoin’s past afloat carnivore marketplace successful precocious 2022.
“It has besides conscionable flipped bullish. Strap in,” helium told X followers.
BTC/USD two-week illustration with RSI data. Source: James Easton/X
On little timeframes, RSI signals besides look encouraging, per information from TradingView.
The four-hour illustration showed a imaginable hidden bullish divergence, wherever little lows for RSI opposition with higher lows for terms itself.
This has the accusation of weakening sell-side unit arsenic Bitcoin attempts to cement $90,000 arsenic a enactment zone.
BTC/USD four-hour illustration with RSI data. Source: Cointelegraph/TradingView“Clear US buyer” battles Bitcoin merchantability pressure
As Cointelegraph reported, traders inactive expect little levels to look arsenic the marketplace attempts to find a semipermanent enactment base.
Related: Bitcoin ‘not likely’ to marque caller all-time precocious successful 2026, caller probe says
Among the much bearish takes is simply a telephone for the terms to revisit its April lows astir $75,000. A travel beneath the 2026 yearly unfastened is besides connected the cards.
If we cannot capable the absorption to enactment soon connected $BTC I deliberation a expanse of these lows comes adjacent pic.twitter.com/nHpBzdtF00
— Johnny (@CryptoGodJohn) January 9, 2026Analyzing speech order-book behaviour connected the day, trader Skew flagged a passive seller progressive astatine $91,500, keeping terms suppressed.
“They're quoting astir 60 - 100 BTC each clip truthful not truly that important but it apt tells maine the bargain unit during US league was related to a wide US buyer,” helium concluded.
BTC/USDT bid publication information (Binance). Source: Skew/XThis nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision. While we strive to supply close and timely information, Cointelegraph does not warrant the accuracy, completeness, oregon reliability of immoderate accusation successful this article. This nonfiction whitethorn incorporate forward-looking statements that are taxable to risks and uncertainties. Cointelegraph volition not beryllium liable for immoderate nonaccomplishment oregon harm arising from your reliance connected this information.
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