BTC/USD quotes are trading at 93036 and continue to move within a developing correction and descending channel. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken below the area between the signal lines, indicating downward pressure from sellers of “Digital Gold” and a potential continuation of the asset’s decline from current levels. As part of the cryptocurrency price forecast for tomorrow, January 20, 2026, we expect an attempt at a bullish correction in the digital asset’s price and a test of the resistance level near 93865. From there, we expect another downward rebound and an attempt at a continued decline in the Bitcoin price with a target below 88405.
Bitcoin Forecast and BTC/USD Analysis for January 20, 2026
An additional signal favoring a decline in BTC/USD quotes will be a test of the resistance line on the relative strength indicator. The second signal in favor of this scenario would be a rebound from the upper boundary of the bearish channel. A strong rise in the asset’s price and a breakout of the 95505 area would cancel out the downward trend in the coin’s exchange rate and Bitcoin’s price. This would indicate a breakout of the resistance area and a continued rise in the Bitcoin price, with a potential target of 105405. A breakout of the support area and a consolidation below 91865 would confirm the asset’s price decline.
Bitcoin Forecast and BTC/USD Analysis for January 20, 2026 suggests an attempt to test the resistance level near 93865. Subsequently, the cryptocurrency would continue to decline, with a potential target of 88405. A test of the resistance line on the relative strength indicator (RSI) would serve as an additional signal in favor of Bitcoin’s price growth. A breakout of the 95505 area would cancel out the digital currency’s downward trend. This would indicate continued upward movement with a potential target above 105405.
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