Bitcoin briefly pushed toward $92,000 during U.S. mid-morning trade but couldn’t hold the gains, slipping back through the session. Before the U.S. market closed on Friday, BTC was trading near $90,300, down nearly 1% over the past 24 hours. The move fits a recent trend, with Bitcoin underperforming as traditional markets rise. The Nasdaq is up around 1% and the S&P 500 about 0.8%, while commodities and bonds are also edging higher. December’s U.S. jobs report was mixed, showing just 50,000 new jobs but a lower unemployment rate of 4.4%. Crypto miners with AI exposure, including Hut 8, IREN, and Core Scientific, are among the day’s better performers, up roughly 2%–4%.
At the time of writing, BTC was trading at $92,381.
BTC has shown some strong development over the past 10 days as it broke the $90k resistance and rallied up to $94,588. The asset is now trying to take support at $90,000. However, BTC, on a daily time frame, continues to trade sideways in a range from $84,000 to $94,500 with low volumes, and to witness a rally it needs to break, close, and sustain above the key resistances of $95,000 and $100,000. If the price breaks the support of $90,000 on the downside, then we may expect it to test the next support level at $84,000.
Key Levels:
| Support 2 | Support 1 | Asset | Resistance 1 | Resistance 2. |
| $84,000 | $90,000 | BTC | $95,000 | $100,000 |
In the grand scheme of things, ZebPay blogs are here to provide you with crypto wisdom. Get started today and join 6 million+ registered users to explore endless features on ZebPay!
