09.01.202616:47 Forex Analysis & Reviews: Trading Signals for BITCOIN for January 9-12, 2026: buy above $90,000 (200 EMA - rebound)

Relevance up to 09:00 2026-01-23 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 around $90,450 above the 200 EMA and within the uptrend channel. During the Asian session, Bitcoin managed to find support around the bottom of the uptrend channel, and we observed a technical rebound.

If Bitcoin consolidates above the psychological level of $90,000 in the coming hours, the outlook could be positive, and we could expect it to reach the 21 SMA around $91,500, the 3/8 Murray at $93,750, and finally reach the top of the uptrend channel around $96,500.

In case of a sharp break below the 200 EMA and a consolidation below the uptrend channel, and if the price falls below $90,000, we could expect a sharp drop in Bitcoin, which could reach $87,500. Finally, we could expect it to reach the 1/8 Murray around $81,250.

As long as the price consolidates and remains within the uptrend channel, any pullback will be seen as an opportunity to take long positions with targets at $96,500.

The Eagle indicator is showing a positive signal, but we must be very careful in the coming hours as the news from the United States could generate strong volatility and this could change the outlook we have so far.

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.