Bitcoin Tests $95K Support: Key Ichimoku Level Decides Next Move

2026-01-19 11:19:06

⬤ Bitcoin has hit a technically important moment after its Ichimoku structure shifted. After closing below the Tenkan line, BTC dropped quickly toward the Kijun support level. The daily chart shows price accelerating downward following the Tenkan breakdown and now sitting right on the Kijun.

⬤ The chart shows a recent rejection near the Senkou Span B resistance, which stopped the previous rally attempt. Once Bitcoin lost the Tenkan support, it moved fast into the Kijun zone—a level traders watch closely for trend confirmation in the Ichimoku system. Right now, price action looks hesitant at this spot as the market figures out whether this support will hold.

⬤ If the Kijun holds, Bitcoin could maintain its current range and avoid further technical breakdown. But if this level fails, the next major support sits at the lower edge of the Kumo cloud. That cloud support is clearly visible on the chart and represents where price could head if selling pressure keeps up.

⬤ This matters because Ichimoku signals tend to influence short- and medium-term market expectations. How Bitcoin reacts at the Kijun could set the tone for the broader crypto market—holding here might slow the downside, while breaking through would put focus on that deeper cloud support zone.

BTC-1,86%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.