Bitcoin Short Term: key resistance at 98820
Jan 26, 2026 7:42 AM
short positions below 98820 with targets at 81690 & 77240 in extension.
Pivot: 98820
Our preference:
short positions below 98820 with targets at 81690 & 77240 in extension.
Alternative scenario:
above 98820 look for further upside with 106480 & 111040 as targets.
Comment:
as long as 98820 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
111040
106480
98820
97828 Last
81690
77240
72790
Our preference:
short positions below 98820 with targets at 81690 & 77240 in extension.
Alternative scenario:
above 98820 look for further upside with 106480 & 111040 as targets.
Comment:
as long as 98820 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
111040
106480
98820
97828 Last
81690
77240
72790
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