The post Bitcoin (BTC) Price Prediction: Bitcoin Eyes $92K After Retesting $88K Support Amid CME Gap & Wyckoff Accumulation appeared on BitcoinEthereumNews.com.

Bitcoin (BTC) attempts to regain momentum as it eyes $92,000, testing critical support near $88,000 while navigating CME gaps and Wyckoff Accumulation patterns. The cryptocurrency has pulled back from recent highs around $94,000, consolidating near $90,350. On the 4-hour chart, price action shows lower wicks forming around $88,500, suggesting buyers are stepping in at this level. Analysts note that this stabilization could set up the next potential rally, though short-term swings remain possible. BTC Consolidation Amid CME Gap Bitcoin recently tried to reclaim the $92,000–$94,000 zone but faced significant selling pressure. Traders are watching $88,000–$88,500, a level coinciding with a CME futures gap, which often attracts price attention. Historically, gaps are frequently filled, though this is not guaranteed; market context, liquidity, and momentum all play a role. BTC battles $92K–$94K resistance, eyes $88K–$88.5K support as CME gap looms. Source: @TedPillows via X “$BTC tried to reclaim the $92,000–$94,000 zone but faced intense selling. Key support is around $88,000–$88,500,” said TedPillows, a short-term Bitcoin trader known for chart-based analysis, on X. Volume analysis shows the pullback into $88,500 is occurring on slightly lower-than-average trading volume compared to December’s breakdown, a condition typically seen during successful support retests. This indicates selling pressure is moderate rather than aggressive. Wyckoff Accumulation Suggests Smart Money at Work Technical charts reveal a Wyckoff accumulation pattern on the 4-hour timeframe. Bitcoin broke above the $88,000–$89,500 resistance zone after multiple rejections since mid-December 2025 and is now undergoing a low-volume retest. BTC breaks $88K–$89.5K resistance and is now testing support before the next move. Source: @GertvanLagen via X “Price has broken above the resistance lines, and a low-volume retest is underway. Once successful, the real move can follow,” noted Gert van Lagen, a market analyst specializing in Wyckoff methodology. In Wyckoff theory, low-volume pullbacks matter because they suggest…

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Filed under: News - @ January 8, 2026 10:28 pm