Bitcoin (BTC) Price Prediction: BTC/USDT Sees a Further Pullback
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Date: January 7, 2026
The Bitcoin market has staged a notable recovery after trading below the $90,000 threshold for an extended period. Recently, price action pushed through this ceiling and is now trading above the mentioned level.
BTC/USDT Long-Term Trend — Bearish (Daily Chart)
Key Price Levels
Resistance: $95,000, $97,500, $100,000
Support: $92,000, $90,000, $88,000
Despite the recent breakthrough, the Bitcoin market has posted a modest downward retracement on the daily chart. The latest price candle is bearish; however, it remains above the 9-day Exponential Moving Average (EMA). Additionally, the Stochastic Relative Strength Index (SRSI) lines are tilted slightly downward, though they remain above the 80 level, indicating continued overbought conditions.
Bitcoin Price Prediction: BTC/USDT Sees a Bearish Retracement
Bitcoin began pulling back in the previous session, and the ongoing session has seen that retracement deepen, as reflected by the size of the current candle. Nevertheless, the broader trend remains intact since price action continues to trade above the 9-day EMA.
Meanwhile, the SRSI lines remain in the overbought region but are showing a mild downward slope following a crossover. While the market may extend lower, the 9-day EMA could act as a support base for a potential rebound.
Bitcoin Price Prediction: BTC/USDT Tilts Toward Further Price Reduction (4-Hour Chart)
On the BTC/USDT 4-hour chart, prices continue to trend lower. The most recent price candle is bearish, following a longer red candle from the previous session.
Price action is also positioned below the 9-day EMA, confirming that bearish pressure remains dominant. However, the SRSI lines are now in the oversold region and are beginning to curve upward. This, combined with the smaller size of the latest candle, suggests the market may attempt an upside move toward the $95,000 level.
