Bitcoin Holds Near $90K As Momentum Builds Beneath Key Resistance Levels

• Bitcoin consolidates near $90,600 after falling from its $ 125,000 highs, holding within a $ 88,000–$ 95,000 range since early December.

• Weekly resistance stands at $ 110,000–$ 120,000, while heavy selling interest remains clustered between $ 97,000 and $ 103,500.

• Daily momentum stabilizes as RSI sits near 52 and MACD remains positive,  volume muted at 7.07K BTC.

Bitcoin is trading near the $90,000 level as of writing, as analyst Doctor Profit reiterates a level-driven view of the market following last year’s sharp reversal.

After preparing short positions between $115,000 and $125,000 in August 2025, the analyst tracked Bitcoin’s decline into predefined zones. Notably, Bitcoin now trades near $90,620 after weeks of sideways movement, reflecting stabilization in the first downside objective around $80,000.

Weekly Structure Shows Transition Phase

On a higher timeframe, Bitcoin continues to trade within a broader bullish cycle while moving through a corrective phase. Price advanced from the $55,000–$60,000 area in late 2024 to highs above $110,000 by mid-2025.

However, momentum shifted once the price entered the $110,000–$120,000 range. Repeated weekly rejections in that zone, accompanied by long upper wicks, highlighted fading buying pressure.

Source: Doctor profit

As a result, the $110,000–$120,000 region now acts as long-term resistance. A dense sell zone has formed between $97,000 and $103,500, where Doctor Profit outlined plans to add short exposure only on an upward move.

Meanwhile, Bitcoin has consolidated around $90,000–$92,000, identified as the first target zone. Below that level, the $70,000–$75,000 area remains marked as the next major objective.

Daily Price Action and Momentum Readings

Turning to the daily chart as per TradingView, Bitcoin recorded a modest decline on January 9. The session opened at $91,100 and closed at $90,619.72, with prices ranging from $89,694.66 to $91,632.10. Since early December, Bitcoin has moved sideways between roughly $88,000 and $95,000, indicating reduced directional momentum.

The Volume reached 7.07K BTC, which was lower than levels seen during October and November sell-offs. At the same time, the Relative Strength Index is  at 51.93, slightly above neutral. The MACD remains positive, with the MACD line at 417.68 and the histogram at 560.58, although momentum growth has slowed.

Source: Crypto Rank

Positioning Framework and Market Context

Doctor Profit’s approach separates spot exposure from short positioning. The analyst maintains a spot position initiated near $85,000, with a stop set at the entry area. Shorts opened between $115,000 and $125,000 remain active, while additional short orders focus on the $97,000–$107,000 range.

This structure aligns with current conditions, where Bitcoin trades below major resistance while holding above near-term support. The progression from weekly rejection to daily stabilization links the broader corrective phase with present price behavior, keeping attention on clearly defined levels rather than directional assumptions.