Bitcoin BTC/USD is ending the trading week at 95560 and continues to move within a developing bullish correction and bearish channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, indicating selling pressure and a potential further decline in BTCUSD. At this point, we should expect an attempt at a bullish correction in the coin’s price and a test of the resistance area near 96505. From there, we should expect another downward rebound and a continued decline in the Bitcoin price, with a potential target below 61505.
Bitcoin Forecast BTC/USD January 19 – 23, 2026
An additional signal favoring a decline in BTC/USD quotes during the current trading week (January 19-23, 2026) will be a rebound off the lower boundary of the bullish channel. A second signal will be a rebound off the resistance line on the relative strength indicator (RSI). A strong rally and a breakout of the 107545 area would cancel the Bitcoin downside scenario this trading week. This would indicate a breakout of the resistance area and continued growth in BTC/USD quotes with a potential target above 115045. A breakout of the support area and a close below 81265 would confirm the bearish trend.
Bitcoin Forecast BTC/USD January 19 – 23, 2026 suggests an attempt to break the resistance area near 96505. This would then lead to a continued decline below 61505. A test of the trend line on the relative strength indicator (RSI) would be an additional signal for a decline in the Bitcoin price this trading week. A strong rally and a breakout of the 107545 area would cancel the Bitcoin downside scenario. In this case, a continued rise with a target of 115045 is expected.
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