Bitcoin (BTC) Price Analysis for January 4
Analysis
Price Impact
MedBitcoin has shown a 1.45% increase, testing local resistance. while there's potential for a move towards $92,000 and even $94,199 if certain conditions are met, low volume and midterm neutrality suggest a moderated overall impact with a high likelihood of sideways trading.
Trustworthiness
MedAnalysis provided by a crypto news platform (u.today) based on technical chart patterns and market observation, but explicitly includes a disclaimer about opinions and no financial advice.
Price Direction
NeutralAlthough there was an immediate 1.45% price increase and potential for short-term bullish moves to $92,000 and even $94,199, the overall midterm view remains neutral due to low volume. the most likely scenario is sideways trading within the $90,000-$93,000 range.
Time Effect
ShortThe analysis focuses on hourly and daily chart movements, with potential targets and ranges discussed for the immediate future rather than long-term trends.
Original Article:
Article Content:
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Most of the cryptocurrencies are going up at the end of the weekend, according to CoinStats . Advertisement BTC chart by CoinStats BTC/USD The rate of Bitcoin (BTC) has gone up by 1.45% since yesterday. Image by TradingView On the hourly chart, the price of BTC has made a false breakout of the local resistance at $91,541. However, if a correction does not happen and bulls can hold the initiative, traders may see a test of the $92,000 zone soon. Image by TradingView On the bigger time frame, there are no reversal signals so far. If the daily candle closes around the interim level of $92,000, the accumulated energy might be enough for ongoing growth to the nearest resistance at $94,199. Image by TradingView From the midterm point of view, the situation remains neutral. The volume is low, which means neither bulls nor bears are ready to seize the initiative yet. You Might Also Like Sat, 01/03/2026 - 14:42 DOGE Price Analysis for January 3 By Denys Serhiichuk All in all, sideways trading in the range of $90,000-$93,000 is the more likely scenario. Bitcoin is trading at $91,190 at press time. #Bitcoin Price Prediction