Price Predictions 1/9: Btc, Eth, Xrp, Bnb, Sol, Doge, Ada, Bch,... (2026)
Buyers are attempting to defend the near-term support in Bitcoin and select major altcoins, but the bears have not given up and continue to exert pressure near the intraday range highs.
Bitcoin bulls will have to successfully defend the moving averages to increase the possibility of a break above $95,000.
Most major altcoins have turned down from their overhead resistance levels, indicating that the bears are active at higher levels.
Buyers are attempting to maintain Bitcoin (BTC) above the $90,000 level, but the bears continue to exert pressure. Material Indicators cofounder Keith Alan said in a post on X that BTC could slump to the $87,500 to $89,000 support zone. An even lower target was projected by trader Roman, who expects a drop to the $76,000 level.
However, CryptoQuant CEO Ki Young Ju said in a post on X that BTC is unlikely to see a 50% crash from its all-time high, similar to previous bear markets. He anticipates BTC to remain “sideways for the next few months.”
On a slightly longer-term perspective, there are positive signs for the bulls. BTC has averaged 95% gains in the year following a down year, according to Smarter Web Company Bitcoin strategy head Jesse Myers. If history repeats, 2026 could be a positive year for BTC, following the 6.33% drop in 2025.
Could BTC and the major altcoins rebound off their support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
BTC has pulled back to the moving averages, indicating that the bears are aggressively defending the $94,789 level.
Both moving averages are flattening out, and the relative strength index (RSI) is at the midpoint, indicating a balance between supply and demand. The advantage will tilt in favor of the bulls if they push the Bitcoin price above the $94,789 resistance. The BTC/USDT pair could then skyrocket to the psychological level of $100,000.
Instead, if the price skids below the moving averages, it signals that the pair may remain inside the $84,000 to $94,789 range for a few more days. Sellers will be back in the driver’s seat on a close below $84,000.
Source: CoinTelegraph
