{"id":76617,"date":"2026-01-23T13:53:44","date_gmt":"2026-01-23T13:53:44","guid":{"rendered":"https:\/\/coinjournal.net\/?p=359347"},"modified":"2026-01-23T13:53:44","modified_gmt":"2026-01-23T13:53:44","slug":"bitcoin-price-forecast-btc-stays-below-90k-as-recovery-signs-slow-down","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/bitcoin-price-forecast-btc-stays-below-90k-as-recovery-signs-slow-down\/","title":{"rendered":"Bitcoin price forecast: BTC stays below $90k as recovery signs slow down"},"content":{"rendered":"\n<p><span style=\"font-weight: 400;\">Key takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">BTC is down less than 1% as the market remains choppy.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The leading cryptocurrency could retest the $87k support level before rallying higher.&nbsp;<\/span><\/li>\n<\/ul>\n<h2>BTC&#8217;s price action remains choppy<\/h2>\n<p><span style=\"font-weight: 400;\">The cryptocurrency market continues to underperform as BTC and the other leading coins are in the red. Bitcoin has lost 0.7% of its value in the last 24 hours and is now trading around $89,150.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The broader cryptocurrency market is attempting to stabilize after this week&#8217;s sell-off. Bitcoin price started the week on a negative note, closing below key support levels: the 50-day Exponential Moving Average (EMA) at $91,942.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The bulls attempted to defend the $90k psychological level but failed, with Bitcoin retesting the midpoint of a horizontal parallel channel at $87,787 before embarking on a recovery. At the time of writing on Friday, BTC is trading at around $89,175.<\/span><\/p>\n<h2>Will Bitcoin recover above $91k soon?<\/h2>\n<p><span style=\"font-weight: 400;\">If the recovery continues, Bitcoin could extend its rally towards the first major resistance and the 50-day EMA at $91,942.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) on the 4-hour chart is 39, pointing upward toward the neutral 50 level, indicating fading bearish momentum. For the bullish momentum to be sustained, the RSI must move above the neutral level.&nbsp;<\/span><\/p>\n<p><img data-source=\"CoinJournal\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-359348\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/01\/BTCUSD_2026-01-23_14-29-27.png\" alt=\"BTC\/USD 4H Chart\" width=\"1793\" height=\"773\"><\/p>\n<p><span style=\"font-weight: 400;\">Despite that, the Moving Average Convergence Divergence (MACD) indicator showed a bearish crossover on Tuesday, suggesting a mild downward pressure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the recovery fails and Bitcoin&#8217;s daily candle closes below the $87,787 support level, it could extend the fall toward the lower consolidation boundary at $85,569.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, the market conditions are choppy, with no clear direction in sight. Bitcoin has eliminated most of the gains it accumulated earlier this month, thanks to the trade tensions between the United States and the European Union (EU) regarding Greenland.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, while the issue seems to be resolved, Bitcoin&#8217;s performance has not significantly improved. <\/span><\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/bitcoin-price-forecast-btc-stays-below-90k-as-recovery-signs-slow-down\/\">Bitcoin price forecast: BTC stays below $90k as recovery signs slow down<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>Key takeaways BTC is down less than 1% as the market remains choppy.&#160; The leading cryptocurrency could retest the $87k support level before rallying higher.&#160; BTC&#8217;s price action remains choppy The cryptocurrency market continues to underperform as BTC and the other leading coins are in the red. Bitcoin has lost 0.7% of its value in [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/bitcoin-price-forecast-btc-stays-below-90k-as-recovery-signs-slow-down\/\">Bitcoin price forecast: BTC stays below $90k as recovery signs slow down<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":76618,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[48],"tags":[],"class_list":["post-76617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin price forecast: BTC stays below $90k as recovery signs slow down - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/bitcoin-price-forecast-btc-stays-below-90k-as-recovery-signs-slow-down\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin price forecast: BTC stays below $90k as recovery signs slow down - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"Key takeaways BTC is down less than 1% as the market remains choppy.&#160; The leading cryptocurrency could retest the $87k support level before rallying higher.&#160; BTC&#8217;s price action remains choppy The cryptocurrency market continues to underperform as BTC and the other leading coins are in the red. 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