Bitcoin Price Reclaims $91,500 as Momentum Builds Above Key Short-Term Levels
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 04 2026- Price Recovery: Bitcoin has reclaimed the $91,500 level, marking a significant rebound from earlier lows below $88,000, indicating improved market participation that may lay the groundwork for short-term stability.
- Technical Structure Improvement: The 4-hour chart reveals Bitcoin breaking out of a short consolidation range between $87,000 and $89,500, forming a staircase pattern that suggests sustained buying interest driving prices upward.
- Key Support Levels: The current support zone at $90,000–$90,200 aligns closely with the 50-day simple moving average, and maintaining above this range could facilitate further upward movement towards the $93,000–$94,000 area.
- Cautious Market Sentiment: Despite the price recovery, the Fear & Greed Index stands at 29, indicating that market participants remain cautious rather than aggressively bullish, suggesting that the combination of price strength and subdued sentiment may support continued trend development.
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.
