Published: Jan 20, 2026 at 18:10
The Bitcoin (BTC) price has fallen below the moving average lines and is now trapped between them.
BTC price long-term prediction: bearish
Since January 2, the cryptocurrency has traded above the moving average lines but below the $94,000 level. On January 13, the bulls broke through the $94,000 barrier, but bullish momentum stalled at $98,000.
Today, Bitcoin has fallen below the moving average lines, reaching a low of $91,185. The bearish momentum has paused between the moving averages. In other words, Bitcoin is currently trading above the 50-day SMA support but below the 21-day SMA resistance. BTC will trend if it breaks through the moving average lines.
On the downside, if the bears breach the 50-day SMA support, Bitcoin could fall to a low of $89,700. Bitcoin is currently at $91,185.
Technical indicators
-
Key supply zones: $120,000, $125,000, $130,000 -
Key demand zones: $100,000, $95,000, $90,000
BTC price indicator analysis
The price bars are positioned between the 50-day SMA support and the 21-day SMA resistance. Despite the decline, the moving average lines continue to trend upwards. On the 4-hour chart, Bitcoin’s price has slipped below the downward-sloping moving average lines. The 21-day SMA has dropped below the 50-day SMA support, indicating a decline.
What is the next move for Bitcoin?
Bitcoin’s price has paused its decline as it is trapped between two moving average lines. On the 4-hour chart, Bitcoin has dropped sharply and is approaching the key support level of $90,000. The cryptocurrency is expected to trade above this level but below the moving average lines. The upward trend will resume if purchasers protect the $90,000 support.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.