BTC January 15, 2026: $97K Resistance Test in the Uptrend and Market Balance

Bitcoin is holding steady at $95.741 while maintaining its uptrend; however, the 1.47% drop in the last 24 hours and the price action approaching the $97.060 resistance is causing investors to hold their breath. This consolidation, supported by bullish signals on the daily chart, signals a critical breakout moment – up or down?

Market Outlook and Current Situation

The BTC/USD pair is trading at $95.741 as of January 15, 2026, without breaking its overall uptrend structure. Although there has been a 1.47% decline in the last 24 hours, the price appears stuck in the $95.134 – $97.371 range. Volume is at $24,34 billion, reflecting market depth but showing a slight decrease compared to recent weeks. While the uptrend continues, the momentum remaining from Bitcoin’s rally at the end of 2025 seems to be laying the groundwork for a move toward new highs.

Looking at multi-timeframe (MTF) confluence, a total of 9 strong levels have been identified across the 1D, 3D, and 1W charts: 2 supports/1 resistance on 1D, 2 supports/2 resistances on 3D, and 2 supports/3 resistances on 1W. This distribution indicates a balanced market with a slightly bullish bias. The price trading above the short-term EMA20 ($91.822) paints a positive picture for BTC Spot Analysis in the spot market. Volume stability suggests ongoing institutional inflows, while volatility is low – which can be interpreted as calm before a big move.

Market-wide, Bitcoin dominance is steady around 56%, with altcoin rallies remaining limited. Among macroeconomic factors, the Fed’s interest rate policies and potential ETF flows stand out, but there is no significant news flow at the moment. This quiet period highlights technical levels and presents an opportunity for traders to evaluate BTC Futures Analysis opportunities.

Technical Analysis: Key Levels to Watch

Support Zones

The strongest support level stands out at $89.996 (score: 77/100); this level aligns with Fibonacci retracement points on the 1W and 3D charts. It is a base from the November 2025 rally, strengthened by volume accumulation. If the price pulls back here, a quick recovery is expected as indicators like RSI and MACD could trigger buying reactions before oversold signals. The second critical support is at $94.624 (score: 68/100); positioned near the EMA50 on the daily chart, this level has been tested and held during recent weeks’ low-volume probes.

These support zones are reinforced by the strength of MTF confluence – for example, their alignment with pivot points on 3D indicates long-term buyers will step in. Historically, Bitcoin has sailed to new highs after 10-15% pullbacks from similar supports; a scenario like early 2024 could repeat here.

Resistance Barriers

On the upside, the most critical barrier is $97.060 (score: 89/100); this level stands as strong resistance on the daily and weekly charts and aligns with the 24-hour high ($97.371). If broken here, the path opens to the Supertrend resistance at $103.832. Confirmed on the 1W chart as well, this level is a tough threshold without volume increase – its previous rejections make it attractive for short positions.

The strength of resistances stems from 6 resistance levels in MTF (6 out of total 9); this emphasizes the extra effort needed for upside movement. If $97K cannot be surpassed, consolidation could extend, leading to a test of supports.

Momentum Indicators and Trend Strength

RSI (14) is positioned at 63,88 in the neutral-bullish zone; being below the 70 overbought threshold leaves room for upside potential. The slightly rising RSI on the daily chart shows momentum is not weakening, while the value around 55 on 3D preserves trend strength. Overbought risk is low, paving the way for a rally.

The MACD indicator is giving a bullish signal; the positive histogram and MACD line above the signal line confirm buying pressure. The price holding above the short-term EMA20 ($91.822) proves the trend is healthy. However, Supertrend is in bearish position pointing to $103.832 resistance – this contradiction increases the chance of a short-term correction. Overall trend strength is being tested with the price near the lower band of the uptrend channel; a channel breakdown would signal weakness downward, while new highs are possible upward.

Momentum convergence is observed across multiple timeframes: 1D bullish, 1W mildly bullish. OBV (On-Balance Volume) is steadily rising, implying strong capital inflows behind it. While indicators paint a balanced picture, the bullish bias prevails.

Risk Assessment and Trading Outlook

In the bullish scenario, a break above $97.060 targets the $103.832 Supertrend first, followed by $114.000 – representing a 19% rise. On the bearish side, a break of $94.624 leads to $89.996, then to the $80.000 bearish target (16% drop). Risk/reward ratio from $95.741 is about 1:3 for bullish and 1:2 for bearish; this makes the upside breakout more attractive.

Risks include prolonged consolidation on low volume and unexpected macro events. With volatility low at 25%, sudden news (e.g., regulation) could be a trigger. Traders should manage positions by placing stop-losses below supports. The overall outlook favors uptrend continuation, but the $97K test will be decisive – a balanced approach is essential.