Bitcoin Breaks Out Above Key Resistance: Next Target $100K? – BTC TA January 14, 2026
Source: TradingView
The weekly time frame for the $BTC price reveals what is still a very nascent breakout from the major resistance level and the ascending triangle. The potential bear flag has been drawn in mauve – still a dangerous possibility until the price is well clear of the $101,000 horizontal resistance level.
At the bottom of the chart, the MACD is showing that the blue indicator line has now turned and is starting to head back to the upside. The signal line (red) looks to be about to follow it. A crossover of the two could take place next week, while the first green bar in the histogram could also be painted.
The Fear and Greed indicator is finally back in the neutral zone. Nevertheless, there are still plenty of analysts across social media who believe that this is nothing more than the first big relief rally in a Bitcoin bear market. This could be the case, but the moment the bear flag is nullified, we could be amidst a full-on bull rally that not only takes the $BTC price to a new all-time high, but potentially much further. These next few weeks could be very exciting.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
