Bitcoin price started a fresh increase above $92,500. BTC is trading above 
$95,000 and attempting a close for another increase to $100k. Bitcoin started 
a decent increase above $92,000 and $94,500. The price is trading above 
$95,000 and the 100 hourly Simple moving average. There was a break above a 
contracting triangle with resistance at $92,000 on the hourly chart of the 
BTC/USD pair (data feed from Kraken). The pair might continue to move up if it 
stays above the $94,000 zone. Bitcoin Price Gains Over 4% Bitcoin price 
managed to stay above the $90,500 support and started a fresh increase. BTC 
was able to settle above $92,000 and $92,500. There was a break above a 
contracting triangle with resistance at $92,000 on the hourly chart of the 
BTC/USD pair. The bulls were able to push the price above $93,500. Finally, 
the price spiked above $96,000. A high was formed at $96,476, and the price is 
now consolidating gains above the 23.6% Fib retracement level of the recent 
wave from the $89,995 swing low to the $96,476 high. Bitcoin is now trading 
above $95,000 and the 100 hourly Simple moving average. If the price remains 
stable above $94,500, it could attempt a fresh increase. Immediate resistance 
is near the $96,000 level. The first key resistance is near the $96,500 level. 
The next resistance could be $96,800. A close above the $96,800 resistance 
might send the price further higher. In the stated case, the price could rise 
and test the $98,000 resistance. Any more gains might send the price toward 
the $98,500 level. The next barrier for the bulls could be $99,000 and 
$100,000. Another Drop In BTC? If Bitcoin fails to rise above the $96,000 
resistance zone, it could start another decline. Immediate support is near the 
$95,000 level. The first major support is near the $94,500 level. The next 
support is now near the $93,200 zone or the 50% Fib retracement level of the 
recent wave from the $89,995 swing low to the $96,476 high. Any more losses 
might send the price toward the $92,500 support in the near term. The main 
support sits at $91,500, below which BTC might accelerate lower in the near 
term. Technical indicators: Hourly MACD – The MACD is now losing pace in the 
bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is 
now above the 50 level. Major Support Levels – $95,000, followed by $94,500. 
Major Resistance Levels – $96,000 and $96,800.

Bitcoin Price Rips Higher, $100K Narrative Gathers Pace

Strive will acquire Semler Scientific together with the latter&#8217;s 5,048 Bitcoin 
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announced on Jan. 13 that shareholders of Semler…

Strive secures shareholder vote to acquire Bitcoin buyer Semler Scientific

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rules […]

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“Retail FOMO” may ramp up in the coming days if Bitcoin returns to $100,000, 
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showing Revolut customers actively use stablecoins for everyday medium-sized 
payments.

Cryptocurrency price in LKR