Bitcoin Intraday: rebound towards 97800
Jan 16, 2026 9:41 AM
rebound towards 97800.

Our pivot point is at 94690.
Our preference:
rebound towards 97800.
Alternative scenario:
the downside breakout of 94690 would call for 93500 and 92800.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (95552) but below its 50 period moving average (95948).
Supports and resistances:
99210 **
98500 *
97800 **
97090
95631 last
95160
94690 **
93500 *
92800 **
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