Bitcoin Price Surges Beyond Resistance, Market Sentiment Flips Bullish

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NewsBTC • January 5, 2026 at 03:00 • Analysis
Bitcoin price started a major increase above $91,200. BTC is now showing bullish signs and might extend gains above $93,000. Bitcoin started a fresh increase above the $91,200 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $91,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it stays above the $91,200 zone. Bitcoin Price Eyes More Upsides Bitcoin price remained supported above the $90,000 zone and started a fresh increase. BTC gained pace for a move above the $90,500 and $91,200 resistance levels. It even surpassed $92,000. A new multi-week high was formed at $93,333 and the price is now consolidating gains. It is sta...

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