Bitcoin Short Term: above its upper Bollinger band
Jan 6, 2026 11:07 AM
the upside prevails as long as 86250 is support.
86250 is our pivot point.
Our preference:
the upside prevails as long as 86250 is support.
Alternative scenario:
below 86250, expect 77510 and 72310.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 88776 and 89236). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 93055).
Supports and resistances:
120480 **
115210 *
109950 **
104690
93590 last
89690
86250 **
77510 *
72310 **
Our preference:
the upside prevails as long as 86250 is support.
Alternative scenario:
below 86250, expect 77510 and 72310.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 88776 and 89236). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 93055).
Supports and resistances:
120480 **
115210 *
109950 **
104690
93590 last
89690
86250 **
77510 *
72310 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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