Bitcoin (BTC) Price Analysis for January 9
Analysis
Price Impact
MedBitcoin shows short-term bullish momentum, breaking local resistance, but faces significant midterm resistance that could lead to a correction if not overcome.
Trustworthiness
MedAnalysis is based on technical indicators and chart patterns from a crypto news outlet, but contains a disclaimer about financial advice and speculative nature.
Price Direction
NeutralShort-term, btc is showing bullish signs, potentially reaching $92,000. however, midterm analysis suggests a strong resistance at $94,652, and failure to break this could see a retrace to $85,000 by month-end. the outlook is mixed.
Time Effect
ShortThe immediate outlook focuses on potential movement 'tomorrow' towards $92,000, while the broader midterm resistance and potential correction are discussed 'by the end of the month'.
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 The market is neither bullish nor bearish today, according to CoinStats . Advertisement BTC chart by CoinStats BTC/USD The rate of Bitcoin (BTC) has gone up by 1.48% since yesterday. Image by TradingView On the hourly chart, the price of BTC has broken the local resistance at $91,397. If buyers can hold the gained initiative and keep the rate above that mark, the growth is likely to continue to the $92,000 zone tomorrow. Image by TradingView From the midterm point of view, the picture is less bullish. If bulls want to get back in the game, they need to restore the rate above the resistance at $94,652. You Might Also Like Fri, 01/09/2026 - 14:49 SHIB Price Analysis for January 9 By Denys Serhiichuk If they manage to do that, the accumulated energy might be enough for a test of the $100,000 area. Image by TradingView From the midterm point of view, the price of the main crypto has bounced off the resistance at $94,652. If the weekly bar closes far from it, there is a chance of seeing the $85,000 range by the end of the month. Bitcoin is trading at $91,143 at press time. #Bitcoin Price Prediction