Bitcoin Stalls Near $93K As Traders Watch Key Resistance - Crypto Economy

CryptoEconomy · 2026-01-05T13:05:08+00:00

Bitcoin hovered near $93,000, showing a 2.01% increase, while facing key resistance and potential overbought conditions. A dip towards $90,000 for support was noted, with a break above $93,500 targeting $101,000.

CryptoEconomy

2026-01-05 13:05:08

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Bitcoin (BTC) hovered around $93,000 on Jan. 5 after a sharp move higher, with a technical analysis note framing the zone as a key resistance test near $93,000 to $93,500.

CoinMarketCap data showed BTC at $93,040.76, up 2.01% in 24 hours, after trading between $90,877.05 and $93,204.68. The token’s 24-hour volume was $34.04B, while market cap stood near $1.85T.

The same note flagged short-term conditions as overbought, implying the rally may need a cooldown. A dip toward $90,000 was cited as a potential support retest; a sustained break and hold above $93,500 would put $101,000 in focus.

Source: CoinMarketCap.

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