The post BTC Bulls Maintain Momentum as $94K Holds: What’s Next for Bitcoin? appeared on BitcoinEthereumNews.com.

TLDR: $94K support is a key turning point, indicating strong buyer presence at this level.  BTC’s price action suggests consolidation before a breakout toward $106K and beyond.  Failure to hold $94K could lead to a deeper pullback, with $80K as a key risk zone.  High liquidity clusters above $97.5K suggest potential for sharp upward movement.    Bitcoin (BTC) is trading at $95,527.99 as of this press, with a 24-hour trading volume of $37.48 billion. While it shows a slight -0.04% decline in the last 24 hours, the cryptocurrency has experienced a 5.91% increase over the past week.  Bulls are currently defending the critical $94K support level, signaling potential for continued upside. As BTC consolidates above this level, traders are eyeing the $106K resistance, which could open the path toward even higher targets. Bitcoin Holds Strong Above $94K: A Bullish Consolidation Phase Bitcoin has once again demonstrated resilience as it defends the crucial $94K support zone. This area, which was previously a point of resistance, has now flipped to support after a successful breakout.  At the time of writing, BTC is consolidating near 95.5K, just above this key zone. This confirms that bulls are actively stepping in and creating a strong base for future price action. The significance of the $93.5K–$94K support region goes beyond its horizontal level. It marks a market structure flip, a classic technical pattern where resistance turns into support after a breakout.  $BTC Price Action Alert: Bulls Defend $94K Support#Bitcoin is trading near $95.5K, holding a critical support flip zone after a resistance breakout. Support: $93.5K–$94K (Previous Resistance → Support)Resistance: $106.4K, then $115.5K (ATH zone) Holding support keeps the… pic.twitter.com/wPK8dn4LzI — Crypto Patel (@CryptoPatel) January 16, 2026 This process is essential for validating the strength of the trend. Price retesting this level and holding it suggests that…

---

Filed under: News - @ January 17, 2026 6:28 am