Last weeks high: $94,802.73
Last weeks low: $89,312.98
Midpoint: $92,057.85
The first trading week of 2026 continued the same patterns as the end of 2025. With $94,000 still very much the key level that the bears are defending, and defending well. However, the 4H 200 EMA has been reclaimed by the bulls with consistent support bounces when tested indicating a level of strength.
For this week that is what I think is most important for BTC, the bulls are building a base to attempt a rally through $94,000 resistance, should this level be breached with volume $100,000 big even level is the target.
The bears will continue their defense of $94,000 with the objective of pushing price back below the 4H 200 EMA (currently $90,400).
CPI takes place tomorrow and so an increased level of volatility should be expected, especially if the result is different to the 2.7% forecast.
Altcoins have seen a steady rally relative to BTC & ETH, also flipping the 4H 200 EMA with an eye to retest the 1D 200 EMA resistance. If altcoins were to get back above the 1D with acceptance the market would look a lot healthier.
Last weeks low: $89,312.98
Midpoint: $92,057.85
The first trading week of 2026 continued the same patterns as the end of 2025. With $94,000 still very much the key level that the bears are defending, and defending well. However, the 4H 200 EMA has been reclaimed by the bulls with consistent support bounces when tested indicating a level of strength.
For this week that is what I think is most important for BTC, the bulls are building a base to attempt a rally through $94,000 resistance, should this level be breached with volume $100,000 big even level is the target.
The bears will continue their defense of $94,000 with the objective of pushing price back below the 4H 200 EMA (currently $90,400).
CPI takes place tomorrow and so an increased level of volatility should be expected, especially if the result is different to the 2.7% forecast.
Altcoins have seen a steady rally relative to BTC & ETH, also flipping the 4H 200 EMA with an eye to retest the 1D 200 EMA resistance. If altcoins were to get back above the 1D with acceptance the market would look a lot healthier.
Note
Once midpoint finally broke a spring up to Weekly high followed soon after!The bulls should now look to avoid a SFP for the weekly high, build a base to extend this move up. $100,000 the target.
Note
Successful retest of weekly high with strength. Next target is $100,000
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.