Bitcoin Recoils to $95K, But Classic Chart Pattern Projects 18% Gains

Jan 16, 2026 - 11:00
Bitcoin Recoils to $95K, But Classic Chart Pattern Projects 18% Gains
Bitcoin’s (BTC) price traded 9.5% above its Jan. 1 open of $87,500, and traders were confident that BTC’s short-term “trend is up” as the price approached a key level of interest. Key takeaways: Bitcoin price consolidates around $95,000 as bulls faces a major barrier ahead. Technical analysis shows an ascending triangle targeting $113,200 BTC price. ...

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