The post Bitcoin January 15, 2026: Mild Correction in Uptrend and $97K Resistance Test appeared on BitcoinEthereumNews.com. Bitcoin, breathing within a strong uptrendThe post Bitcoin January 15, 2026: Mild Correction in Uptrend and $97K Resistance Test appeared on BitcoinEthereumNews.com. Bitcoin, breathing within a strong uptrend

Bitcoin January 15, 2026: Mild Correction in Uptrend and $97K Resistance Test

Bitcoin, breathing within a strong uptrend at the $95,560 level, maintains its potential to test the $97K resistance despite a 1.79% drop in the last 24 hours. With RSI at 64.58 sustaining bullish momentum, multi-timeframe confluences point to critical supports around $90K – this is a turning point that investors will watch with bated breath.

Market Outlook and Current Status

The Bitcoin market, as of January 15, 2026, is stabilizing at the $95,560 level, experiencing a mild correction without disrupting the overall uptrend structure. BTC, trading in the $95,183-$97,924 range with a 1.79% drop in the last 24 hours, stands solid in terms of liquidity with a volume of $25.11 billion. This volume, particularly concentrated in spot markets, indicates continued institutional buying, as you can examine in detail on our BTC Spot Analysis pages. The key to the uptrend is the price staying above EMA20 ($91,838); this level reinforces the short-term bullish signal.

Across the market, Bitcoin’s dominance is holding steady around 56%, while the altcoin rally remains limited. The rising channel structure on the weekly chart remains intact, and although daily candles show doji-like indecision, high-volume closes support the uptrend. Multi-timeframe (MTF) confluence has identified 10 strong levels: 3 supports/1 resistance on 1D, 2S/2R on 3D, and 2S/3R distribution on 1W. This alignment signals that price will be trapped in the $90K-$100K corridor. In this period of calm news flow, technical factors take center stage; macro elements like Fed interest rate policies and ETF flows create indirect pressure.

Following the rally at the end of 2025, as Bitcoin approaches the $100K psychological barrier, this correction can be interpreted as healthy consolidation. In the futures market, BTC Futures Analysis data shows long positions dominating at 55% – funding rates are positive, and liquidation risk is low.

Technical Analysis: Levels to Watch

Support Zones

Support zones are reinforced by high-scoring levels in MTF analysis. The strongest support is at $89,998 (score 76/100), located at the intersection of the weekly pivot and Fibonacci 0.618 retracement. This level serves as the final defense line of the uptrend; a break could bring the $80K bearish target into play. Mid-term levels at $94,503 (66/100) and $92,927 (64/100) are supported by volume profiles on daily/3-day charts. If price eases toward $94.5K, buying pressure here could kick in – historically, this zone has produced 5-7% rebounds. Additional supports on the 1W timeframe align with the channel lower band.

Resistance Barriers

On the resistance side, $97,177 (score 83/100) is the most critical barrier; it coincides with the 24-hour high and daily VWAP. A close above this level could neutralize the Supertrend’s bearish signal ($103,918 resistance). With 5 resistance levels on 3D and 1W timeframes (6 out of 10 MTF are resistances), it could provide momentum toward $100K. A break of $97K would open the path to the $103K Supertrend line and ultimately the $114K bullish target – this scenario would be triggered by increased volume.

Momentum Indicators and Trend Strength

Momentum indicators confirm the strength of the uptrend. RSI (14) at 64.58 remains in the bullish zone without approaching overbought (70+); no divergence, meaning momentum is not exhausted. MACD shows an expanding positive histogram, with bullish bias dominant after crossover confirmation above the signal line. Price above EMA20 ($91,838) preserves the short-term trend, while the golden cross structure between EMA50 (around $88,200) and 200 EMA ($82K) emphasizes long-term strength.

Although Supertrend appears bearish (resistance $103K), this indicator is lagging and provides an early signal within the uptrend channel. Stochastic is slowing in the 80s, signaling a short-term pullback warning, but ADX at 28 indicates medium-high trend strength. In MTF, 1D is bullish, 1W strongly bullish; 3D neutral. Volume profile forms a POC (Point of Control) at $95K – if it holds, the trend continues. Overall, indicators lean 65% bullish; a negative scenario requires RSI to drop below 50.

Risk Assessment and Trading Outlook

The risk/reward ratio, calculated from current levels, is attractive: Bull target $114K (about 19% gain), bear $80K (16% loss) offers 1.2:1 R/R. In the upside scenario, a $97K break opens the $103K-$114K path; downside tests $94.5K support. Volatility (ATR 3.2%) is high, so stop-losses should be placed below supports. Macro risks (geopolitical, regulation) are neutral; ETF inflows are supportive.

Trading outlook: Consolidation in the short term, uptrend continuation likely in the medium term. Above $97K confirms bullish, below $90K warns bearish. The market requires data-driven approaches – both scenarios should be evaluated balanced. This analysis is professional observation, and market dynamics can change rapidly.

Strategy Analyst: David Kim

Macro market analysis and portfolio management

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/bitcoin-january-15-2026-mild-correction-in-uptrend-and-97k-resistance-test

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