Bitcoin BTCUSDT.P – Flush Completed, Divergence Building 2026 01 19

Bitcoin Between 92,200 Support and 94,407 Resistance

Today’s BTC action largely validated what our earlier analysis was preparing us for: a sharp intraday flush that tests nerves but does not yet break the bigger bullish case. On the 2‑hour and 4‑hour charts we saw price slide under the MA ribbons, with MACD firmly negative and DMI flipping hard to the downside. That gave us the classic capitulation look intraday. Now, though, both RSI and Stoch RSI are climbing out of deep oversold and CMF is flattening just under or around zero, which is exactly what we expect when sellers are getting tired rather than gearing up for a brand‑new trend.

Compared with our previous outlook, where we framed the move as a correction inside a still‑bullish daily structure, today’s candles support that view. Price has stayed broadly within the range we identified around the recent 91.8k low, instead of accelerating toward a major weekly breakdown. Daily MACD remains above zero and above its signal, +DI still leads −DI, and money flow on the 1‑day remains solidly positive. That tells us that bigger players are not rushing for the exits even though lower timeframes look ugly.

On the weekly and 2‑weekly charts, the slow work of building a macro bullish divergence is continuing. Price keeps leaning against the red 96k MA, RSI has managed to stay above its own average, and Stoch RSI has turned up with K leading D. DMI is still technically bearish there, but the gap between negative and positive lines is shrinking and ADX is no longer expanding. For our trading plan this is crucial: it means we are likely dealing with the late stages of an old down‑cycle, not the start of a new one.

Looking ahead, our strategy stays the same: we prefer to buy controlled dips toward the 91–92k area with tight risk rather than chase shorts after such a heavy flush. The real confirmation that the divergence has “gone live” will be a decisive break and hold above the 96k band, ideally with CMF pushing higher on the daily and weekly charts. Until we see that, we respect the volatility but remember that the higher‑timeframe structure is still quietly shifting in favour of the bulls.

#Bitcoin #BTCUSDT #CryptoAnalysis #PriceAction #TradingUpdate #CryptoTrading