Oh look, Bitcoin. You’re above $90,000 again-congratulations! Must be nice to finally find your wallet after losing it near $89,220 like a drunk tourist in a Prague hostel.
- BTC crawled above $90,000-slow clap. Also moseyed past $90,500, which, in crypto years, is like going from dial-up to Wi-Fi.
- It’s now chilling above $91,000 and the 100-hour moving average, which sounds important, like a credit score or a blood pressure reading I’ll ignore.
- Breakthrough! It busted through a bearish trend line like a reality TV star breaking a restraining order-sorry, a resistance at $90,750 on the hourly BTC/USD Kraken chart.
- Stay above $90k and maybe-just maybe-you get to play pretend with $92k again. 👀
Bitcoin Tries (Again) to Be Someone
Let’s be honest: Bitcoin peaked at $91,500 like a high school quarterback who peaked at prom, then immediately started a downward spiral. It dipped below $92k, then $91,200, and eventually found itself muttering apologies on a park bench near $89,225.
But-plot twist!-it pulled itself up by the bootstraps (or perhaps just remembered it had a trust fund) and clawed its way back. $90,500? Back above it. The 23.6% Fib retracement level? Nailed it, like it actually knows what that means (spoiler: none of us do).
And yes, ladies and gentlemen, we’ve officially broken the bearish trend line-because finally, something went up. On the hourly chart! So clearly, the apocalypse is canceled. Bitcoin now trades above $91,000 and the golden calf of technical analysis: the 100-hour simple moving average. Cue the confetti 🎉… or at least a mildly optimistic tweet.
As long as BTC doesn’t relapse below $90,500 (its emotional support zone, like my therapist but cheaper), it might try to climb toward $92,000 again. Oh, and here’s the plot thickener: that’s also the 50% Fib retracement level. Which is either deeply meaningful or numerological horoscope nonsense. But hey, if it works, don’t question it-just buy more RAM for your mining rig.
The first big boss battle? $92,650. Beat that, and you unlock the next level: $93,500. Win there, and suddenly we’re back in $94k territory-flashing neon lights, free drinks, someone asking if you want to “moon with me?” 🌕💸

Conquer $93,500, and the next checkpoints are $94,500, $95,000, and-this is math, not hope-$95,500. At that point, people will start using “to the moon” unironically again, and your cousin Dave will text you at 3 a.m. asking if he should refinance his house.
But What If It All Goes Horribly Wrong? (Spoiler: It Might.)
Let’s not pretend this is stability. If Bitcoin can’t muscle past $92,500-its kryptonite, nemesis, arch-nemesis, whatever-then brace yourself for Round 2 of “The Dip.”
First line of defense? $91,250. Adorable. Then $90,500, which now sounds less like support and more like an emotional plea. “Please, Bitcoin, don’t make me call my mom for money again.”
Next stop: $90,000. And if that crumbles? Back to $89,250-the same spot where it curled into a fetal position last week. And if we dive further? Say hello to $88,000, below which BTC might just give up entirely and start selling handmade candles on Etsy. 🕯️💔
But wait-let’s check the “objective” technical indicators, those crystal balls of chart wizards:
- Hourly MACD – Gaining bullish momentum! Which means… it’s moving up? Or maybe just hiccuping? Hard to tell.
- Hourly RSI – Above 50! Wow. So it’s not “oversold” anymore. It’s like saying someone’s hangover is “mildly improved.”
- Major Support Levels – $91,250 and $90,500. Write these on your wrist in Sharpie during meetings.
- Major Resistance Levels – $92,500 and $93,500. The gates to Valhalla. Or possibly Vegas.
In conclusion: Bitcoin is doing that thing again. Wobbling between hope and humiliation. Up, down, sideways-it’s less a currency, more a psychological experiment on repeat. But hey, at least the charts look busy. And when in doubt, just whisper: “HODL.” It’s like “I’ll be there for you” but with more regret. ❤️📉🚀
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2026-01-12 05:51