The post Bitcoin (BTC) Price Prediction for January 9 appeared on BitcoinEthereumNews.com.

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Bears are continuing their pressure, and most of the coins are in the red zone again, according to CoinMarketCap. Top coins by CoinMarketCap BTC/USD The rate of Bitcoin (BTC) has dropped by 3.21% over the last 24 hours. Image by TradingView On the hourly chart, the price of BTC has made a false breakout of the local support of $91,800. As most of the ATR has been passed, there is a chance to see a bounce back. Related If the daily bar closes far from the mentioned mark, traders may witness a test of the $94,000 zone soon. Image by TradingView On the bigger time frame, the situation is less positive. The rate of the main crypto is on the way to testing the support of $90,405. If it breaks out, the accumulated energy might be enough for a decline to the $88,000 range. Image by TradingView From the midterm point of view, the picture is also bearish. If buyers lose the vital $90,000 area, the next zone where a bounce back is possible is around $82,000. Bitcoin is trading at $92,782 at press time. Source: https://u.today/bitcoin-btc-price-prediction-for-january-9

---

Filed under: News - @ January 9, 2025 10:16 pm