Key highlights:
- The BTC price is currently sitting precisely on a weekly trendline that has defined the overall trend.
- In the current market, Bitcoin has to reclaim a set of critical points before its momentum begins to rise once again.
- With well-defined areas both on the upside and downside, there is a wait and watch situation.
Bitcoin is sitting in that uncomfortable middle ground where the bigger picture still looks fine, but the short-term action feels heavy. On one side, there’s renewed talk about new all-time highs and a return of full risk-on sentiment with Strategy recently purchasing over $1.25 billion worth of Bitcoin.
On the other, the chart is sending a very clear message: everything depends on whether one key trendline continues to hold. Right now, the BTC price prediction really comes down to that single technical level.
Why the BTC weekly trendline matters so much
On the weekly chart shared by Dami Defi, the yellow trendline stands out immediately. In the past, it acted as resistance, with the BTC price repeatedly pushing into it from below and getting rejected. That phase is over. Now the same line has flipped into support, and price is testing it from above.
If this trendline holds, sub $100K #Bitcoin will go down as the biggest giveaway of this cycle.
Bitcoin chart is really all about that yellow trendline.
Before, that line used to act like a ceiling, the price kept hitting it from below and couldn’t break above it.
Now it’s… https://t.co/WmOzFK5I5j pic.twitter.com/tKdHVPqu1Z
— Dami-Defi (@DamiDefi) January 12, 2026
This is usually how strong trends behave. Instead of collapsing, they pull back, cool off, and find buyers at former resistance. As long as Bitcoin keeps forming higher lows above this trendline, the broader uptrend remains intact. No explosive move is required here. Stability alone is bullish.
The key levels Bitcoin traders are watching closely
In the short term, the first level that really matters sits around $90,500. A reclaim of that zone would indicate selling pressure is fading and buyers are stepping back in.
If that happens, attention naturally shifts toward the $98,000 area, which would signal a much stronger recovery in momentum.
That’s the constructive side of the BTC price prediction. The risk comes into play if the trendline breaks and price fails to reclaim it. In that scenario, the pullback stops looking like a reset and starts looking like a deeper correction.
Below there, the $72,000 area becomes a realistic downside target, not because of panic, but because that’s where the next major support sits.
According to CoinCodex’s 3-month BTC price prediction, Bitcoin could be around $102,766. On the chart, though, it really comes down to a couple of levels: if BTC can reclaim $90,500 and then $98,000. If that fails and the trendline breaks, downside risk opens toward $72,000.
How the ATH narrative fits into the bigger picture
The renewed talk about new all-time highs is more about sentiment than timing. It tends to show up when markets are trying to turn risk-on again. But sentiment alone doesn’t move the price; the chart has to confirm it first.
The famous 4Chan poster who has made many famous BTC predictions has just posted again!
This time calling for new ATHs and a meme coin super cycle 🤯
Will he be right again? pic.twitter.com/trXuHpecGy
— curb.sol (@CryptoCurb) January 11, 2026
For now, the roadmap is fairly simple. Hold the weekly trendline and reclaim key levels, and the bullish case stays alive. Lose that structure, and the market likely needs more time and lower prices before it’s ready for the next push higher.
Source:: Bitcoin Price Prediction: Can BTC Really Push Toward $200,000 by 2026?