Key Insights:
- Bitcoin’s price is compressing, with $94K resistance and $80K support forming key levels.
- Analysts expect Bitcoin to move 5-10% after breaking key support or resistance.
- The $94K resistance holds Bitcoin from reaching $100K+; a breakout could push prices higher.
- A break below $80K could lead Bitcoin back to April lows in the first quarter.
Bitcoin’s price has been steadily holding at $87,008, slightly down by 0.63% in the last 24 hours. As trading volume remains high at $20.5 billion, analysts are closely watching critical price levels that could determine Bitcoin’s next major move in 2026.
Bitcoin Resistance Levels to Watch
Bitcoin is currently experiencing a period of compression, with marginally higher lows observed. The 4-hour moving averages (200MA/EMA) have been acting as resistance, limiting any significant upward momentum. Analysts are expecting a more substantial 5-10% price movement soon.
According to DaanCrypto, “I expect the Cryptocurrency to break either above the $94K resistance or fall below $80K, revealing its next direction by January.”
The Cryptocurrency has been moving in a narrow range, with price action slowing down. Traders are particularly focused on whether Bitcoin can break above the $94K resistance, which could signal a move toward the $100K mark.
Bitcoin Potential for a Breakout
The tight price action suggests a potential breakout in the near future. Bitcoin’s ability to maintain higher lows, while facing resistance at the 4-hour moving averages, signals a period of consolidation.
If the cryptocurrency can break above the $94K resistance, it could head towards the $100K+ level, which remains a significant milestone for the asset in early 2026.
However, a fall below the $80K mark could indicate a shift toward lower levels, testing the April lows. This downside could trigger a more considerable decline in the following months.
Bitcoin Levels to Monitor for Q1 2026
Traders and analysts are keenly watching key levels in the first quarter of 2026. The Cryptocurrency price needs to break either the $94K resistance to head higher or fall below $80K for a potential retracement. The markets are expected to provide more clarity on Bitcoin’s next move as we enter the new year.
