01.01.202617:56 Forex Analysis & Reviews: Trading Signals for BITCOIN for January 1-4, 2026: buy above $87,500 (21 SMA - 2/8 Murray)

Relevance up to 10:00 2026-01-15 UTC--5

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Bitcoin is trading at $87,841, above the 2/8 Murray and the 21 SMA. BTC has been consolidating since mid-December. An upward momentum is likely to occur in the coming hours until the price reaches $89,643, where the 200 EMA is located and which also coincides with the top of the downtrend channel formed since December 7.

If the bullish force prevails in the coming hours and Bitcoin consolidates above $89,643, we could look for opportunities to buy with targets at about $93,750 around the 3/8 Murray.

On the contrary, in case of a sharp break below $87,500, there could be a bearish acceleration, and Bitcoin could reach the 1/8 Murray around $81,250.

Given that Bitcoin is consolidating above $87,500 as long as the price remains above the 2/8 Murray, there is a likelihood of reaching $90,000. A break above the 200 EMA could favor an upward movement. Hence, BTC could reach the psychological level of $100,000 in the medium term.

The symmetrical triangle pattern could give us a signal for a strong movement in the coming days, so we must be alert to a break below $87,500 or above $89,500.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.