{"id":9192,"date":"2026-01-05T05:11:05","date_gmt":"2026-01-05T05:11:05","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-surges-beyond-resistance-market-sentiment-flips-bullish\/"},"modified":"2026-01-05T05:11:05","modified_gmt":"2026-01-05T05:11:05","slug":"bitcoin-price-surges-beyond-resistance-market-sentiment-flips-bullish","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/bitcoin-price-surges-beyond-resistance-market-sentiment-flips-bullish\/","title":{"rendered":"Bitcoin Price Surges Beyond Resistance, Market Sentiment Flips Bullish"},"content":{"rendered":"<p><em>Bitcoin price started a major increase above $91,200. BTC is now showing bullish signs and might extend gains above $93,000.<\/em><\/p>\n<ul>\n<li>Bitcoin started a fresh increase above the $91,200 zone.<\/li>\n<li>The price is trading above $92,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a key bullish trend line forming with support at $91,500 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might continue to move up if it stays above the $91,200 zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Eyes More Upsides<\/h2>\n<p>Bitcoin price remained supported above the $90,000 zone and started a fresh increase. BTC gained pace for a move above the $90,500 and $91,200 resistance levels.<\/p>\n<p>It even surpassed $92,000. A new multi-week high was formed at $93,333 and the price is now consolidating gains. It is stable above the 23.6% Fib retracement level of the recent upward move from the $90,804 swing low to the $93,333 high.<\/p>\n<p>Bitcoin is now trading above $92,000 and the 100 hourly Simple moving average. Besides, there is a key bullish trend line forming with support at $91,500 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>If the price remains stable above $91,500, it could attempt a fresh recovery wave. Immediate resistance is near the $93,200 level. The first key resistance is near the $93,500 level. The next resistance could be $94,000. A close above the $94,000 resistance might send the price further higher.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-872150\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/Bitcoin.png?resize=1024%2C488\" alt=\"Bitcoin Price \" width=\"1024\" height=\"488\" loading=\"lazy\" \/><\/p>\n<p>In the stated case, the price could rise and test the $94,650 resistance. Any more gains might send the price toward the $95,000 level. The next barrier for the bulls could be $95,500 and $95,800.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $93,200 resistance zone, it could start another decline. Immediate support is near the $92,200 level. The first major support is near the $92,000 level or the 50% Fib retracement level of the recent upward move from the $90,804 swing low to the $93,333 high.<\/p>\n<p>The next support is now near the $91,500 zone. Any more losses might send the price toward the $90,500 support in the near term. The main support sits at $90,000, below which BTC might accelerate lower in the near term.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now gaining pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $92,000, followed by $91,500.<\/p>\n<p>Major Resistance Levels \u2013 $93,200 and $94,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a major increase above $91,200. BTC is now showing bullish signs and might extend gains above $93,000. Bitcoin started a fresh increase above the $91,200 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $91,500 on&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9193,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[65,108,73,70,71,146],"class_list":["post-9192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-btc","tag-bitcoin","tag-bitcoin-price","tag-btc","tag-btcusd","tag-btcusdt","tag-xbtusd"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/9192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=9192"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/9192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/9193"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=9192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=9192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=9192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}