Bitcoin's $87,200 Support Defines Market Structure and Directional Bias
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 11 2026- Support Level Analysis: Bitcoin's $87,200 support is identified as crucial for market stability, with a daily close below this level potentially exposing liquidity towards $80,600, which could trigger selling pressure and impact short-term price action.
- Market Structure Changes: Maintaining the $87,200 support indicates that buyers are absorbing selling pressure; a breach would confirm trendline failure and could lead to deeper historical demand zones being tested, affecting market confidence.
- Resistance Zone Definition: Current resistance is set between $92,700 and $96,800, and if prices break through this range, it could trigger short covering and liquidity release, pushing prices towards the psychological levels of $98,000 to $100,000.
- Whale Behavior Observation: Large traders on Bitfinex are reducing leveraged long positions, indicating that the market is effectively absorbing selling pressure while prices remain stable, which typically signals potential for future price increases.
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.
