Technical analysis by isahebdadi about Symbol BTC: Buy recommendation (1/8/2026)

Bitcoin (BTCUSD) has corrected sharply after a strong rally toward 120K+, and is now forming a higher low structure. Price is currently compressed between: •An ascending trendline •A major horizontal resistance near 94,000 → Ascending triangle / compression structure Key Levels •Dynamic Support: Ascending trendline (87,000 – 88,000) •Major Static Support: 85,000 – 86,000 •Key Resistance: 93,500 – 94,500 •Next Resistance: 98,000 → 102,000 Bullish Scenario (Primary) If price: •Closes above 94,500 (daily close) •Confirms the breakout with a retest ➡️ Bullish continuation becomes likely. Upside Targets: 98,000 → 102,000 → 110,000 Invalidation / Stop: Daily close below 87,000 Bearish Scenario (Alternative) If price: •Breaks below the ascending trendline •Closes under 87,000 ➡️ Deeper correction is likely. Downside Targets: 85,000 → 81,000 Bearish Invalidation: Acceptance above 94,500 Final Takeaway BTC is at a critical decision zone. A breakout above 94K favors continuation, while losing 87K signals further downside.