Bitcoin Price Target of $105,000 as Bullish RSI Signals Persist
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 09 2026- Bullish RSI Signals: Bitcoin's weekly relative strength index (RSI) has maintained a breakout since December, indicating a potential price target of $105,000 within 3-4 weeks, which boosts market confidence in Bitcoin's upward trajectory.
- Price Range Consolidation: While Bitcoin's price consolidates around $90,000, the potential hidden bullish divergence in RSI suggests weakening sell-side pressure, potentially laying the groundwork for future price increases.
- Market Sentiment Analysis: Traders remain concerned about a possible drop to $75,000, indicating ongoing efforts to find long-term support, which may impact short-term price fluctuations.
- Buy/Sell Pressure Dynamics: The presence of a passive seller at $91,500 indicates market buying pressure, and although the trading volume is modest, it highlights the significant role of U.S. buyers in the market.
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.
