Technical analysis by Maddox_Metrics about Symbol BTC on 1/6/2026

BTC 🎯The bottom appears to be in as Bitcoin climbs the wall of worry once more. However, a break above $94295 is needed to negate the bearish divergence appearing in the daily RSI. Wave (3) appears to be underway; we should expect a strong move in the coming days/weeks. The first resistance will be the daily 200EMA; overcoming this will be bullish. Price is above the daily pivot, showing a bullish trend emerging. 📈 Daily RSI is creeping to overbought with bearish divergence now negated at a High Volume Node resistance. 👉 Analysis is invalidated below wave (2), bringing up the downside target $76600 Safe trading