Technical analysis by Moriss365 about Symbol BTC: Buy recommendation (1/5/2026)

*Overall Market Structure Trend: Short-term bullish continuation BTC has broken out of a prior consolidation range and is making higher highs and higher lows. Price is currently above a key support zone, suggesting strength. 📦 Key Zones & Levels 🟦 Major Support Zones $89,750 – $91,350 (Primary Support) Former resistance → now acting as support Price is currently retesting this zone Strong area for bullish defense $85,800 – $87,600 (Secondary Support) Previous accumulation range If price loses the upper support, this is the next high-probability bounce zone 🎯 Resistance / Target $98,200 (Target Point) Clear horizontal resistance Matches prior rejection / liquidity area Logical upside target if support holds 📈 Bullish Scenario (High Probability) Price holds above $89.7k Consolidation or shallow pullback Continuation move toward: $94k → $98.2k Break and close above $98.2k could open the door to $100k psychological resistance 📉 Bearish / Pullback Scenario Loss of $89.7k support Price likely revisits: $87.6k Then $85.8k As long as price stays above $85.8k, the macro bullish structure remains intact 🧠 Market Behavior Insight The clean breakout + retest pattern suggests smart money accumulation Sharp rejection from support would confirm buyers in control Choppy price inside the support zone = healthy consolidation, not weakness ✅ Summary Bias: Bullish Key Level to Watch: $89,750 Upside Target: $98 200 Invalidation: Clean 4H close below $85,800