The post Momentum Builds Toward $98,000 Amid Neutral Mood appeared on BitcoinEthereumNews.com.

After remaining relatively sideways through the Christmas and New Year’s weeks, the bitcoin price made a small move higher over this past weekend. Bitcoin price closed the week at $91,489, just above the short-term resistance level at $91,400. If bulls can sustain above this level, they should take another run at the $94,000 resistance level this week, which has kept a lid on the price since mid-November. $98,000 is within reach this week as well. Key Support and Resistance Levels Now Bulls will try to carry some momentum into the New Year here and take out the $94,000 resistance level. Above $94,000, we have $98,000, where resistance really starts to pick up, and stretches from there all the way up to $103,500. This area is poised well to reject the price if it can climb above $94,000. $109,000 provides a likely final ceiling for the price that will be extremely tough to conquer. If the price gets above $109,000, we can start talking about potentially seeing new highs. The bulls will want to hold support at $87,000 if the bears can manage to drive the price down there. $84,000 is still strong support below there, but it will weaken with further touches. If $84,000 support fails, we will look down to the $72,000 to $68,000 support zone as a strong level to produce a bounce. Outlook For This Week Sleepy bears have let up a little over the past few weeks. This week, the bulls will likely try to take advantage of this by continuing to push the price higher into the next resistance level, so look for the bulls to make another attempt at $94,000. $98,000 should keep a lid on things this week if bulls can manage to push past $94,000. If bulls fail to hold the $91,400…

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Filed under: News - @ January 5, 2026 6:28 pm