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Crypto Weekend: Bitcoin From Resistance to Support

BTC, ETH, MSTR, ETHA and others

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Trading Mindset & Data
Jan 17, 2026
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Hello traders,

Hope you’re having a productive week. As we step further into 2026, the market has handed us a significant shift in momentum. Last week we were talking about “line in the sand” levels; this week, the bulls have officially crossed it.

Let’s recap the action and dive into why this breakout matters.

1. Bitcoin: From Resistance to Support

Last weeks, we were bracing for a liquidation cascade toward $81k. Instead, the market absorbed the selling pressure and staged an impulsive rally.

  • The Breakout: Bitcoin has successfully cleared the $94,800 resistance level we highlighted. This area, previously a major Fibonacci ceiling, has now flipped into a “structural floor.”

  • The New Target: With $94.8k in the rearview, all eyes are on the

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