Bitcoin breaks $94.5K resistance; $100K target in sight
Bitcoin (BTC) broke above the key $94,500 horizontal resistance and the top of an ascending triangle on Jan 13–14, 2026, confirming the breakout and establishing $94,500 as near-term support. Short-term structure includes a prior mini bull flag with a measured move to about $97,500; the larger ascending-triangle measured target lies near $108,400. Analysts note a possible intermediate target around $100,000–$102,000 if momentum holds. Technical caveats: daily RSI has not yet made a higher high (risk of short-term bearish divergence) and a weekly bear-flag pattern could remain if price stalls below ~$101,000. Positive signals include a weekly MACD turning up and Fear & Greed moving back toward neutral. For traders: key levels to monitor are support at $94,500 (retest risk), resistance cluster from $100K–$108K, RSI divergence on daily, and potential MACD crossover on the weekly. The article frames the move as either a relief rally within a bear market or the start of a fresh bull leg should the bear-flag be invalidated and $BTC push past major resistance.
Bullish
The confirmed breakout above $94,500 and the ascending-triangle structure point to a bullish bias: measured targets from the bull flag (~$97.5K) and the triangle (~$108.4K) place $100K–$102K as realistic near-term milestones. Momentum evidence on the weekly (MACD turning up) supports further upside if the $94.5K level holds on a retest. However, caution is warranted because daily RSI has not yet confirmed higher highs, introducing short-term divergence risk, and a weekly bear-flag pattern remains a threat until price clears ~$101K. Historical parallels: prior BTC breakouts of ascending-triangle/resistance clusters have often led to multi-week rallies when retests held (e.g., 2020–2021 breakouts), while failed breakouts produced swift retracements in bear phases (e.g., 2018–2019 relief rallies). For traders, this implies a bullish tilt with risk management: trade confirmations on retest and momentum indicators (RSI/MACD) are advisable; consider scaling positions and tight stops below $94.5K, and profit targets or hedges around the $100K and $108K resistance zones.