Bitcoin Faces Rejection at $93,500 Resistance, Testing $90,500 Support
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Resistance Analysis: Bitcoin faced rejection at the $93,500 resistance level, indicating a lack of buying pressure that could lead to further price declines, negatively impacting investor confidence.
- Support Level Significance: Bitcoin is currently focused on the $90,500 support level, which has been tested multiple times from November to December 2025; failing to hold this level could trigger significant downside risks.
- Market Direction Monitoring: Analyst Rekt Capital noted that the outcome of Bitcoin's test at $90,500 will determine its future price direction, with a successful rebound potentially restoring market confidence.
- Uncertain Future Outlook: While flipping the resistance into support would be a positive signal, market participants remain highly attentive to Bitcoin's price action, making the next few weeks critical for its trajectory.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
