New York (Brussels Morning Newspaper) – January 10, 2026 – Bitcoin price has tested its 12-year rising trendline support, originating from 2013 lows, with current levels stabilising near the mid-$80,000 range following 2025 volatility. CoinCodex projections indicate a gradual recovery trajectory for 2026, starting from short-term forecasts around $90,000. Market indicators reflect extreme fear, though the long-term structure persists amid ETF outflows.
Bitcoin reached this multi-year diagonal support on weekly charts, a level connecting historical lows from 2013, 2015, 2019, and 2022. The price pulled back after failing to hold above $94,500, resulting in $449 million in liquidations. CoinCodex identified key supports at $99,929, $98,474, and $96,396, with resistance at $103,462.
Market analyst Vivek Sen, a news contributor at Bitcoin Magazine known for live Bitcoin market coverage, drew attention to the trendline contact. Vivek Sen (@Vivek4real_) said in X post,
“#BITCOIN JUST HIT 12 YEAR TRENDLINE SUPPORT LAST TIME BITCOIN WENT UP 400% WHEN THIS HAPPENED.TIGHTEN YOUR SEATBELTS.”
#BITCOIN JUST HIT 12 YEAR TRENDLINE SUPPORT
LAST TIME BITCOIN WENT UP 400% WHEN THIS HAPPENED.
TIGHTEN YOUR SEATBELTS 🚀 pic.twitter.com/RW2n2bi8BQ
— Vivek Sen (@Vivek4real_) January 10, 2026
CoinCodex Delivers Specific Price Forecasts for 2026
CoinCodex reported Bitcoin trading near $100,265 in late 2025, with 82% bearish sentiment across indicators and a Fear & Greed Index at an extreme fear level 24. January 2026 projections range from a minimum of $90,480 to a maximum of $99,835, averaging $95,157. Daily outlooks show $90,480 on January 10, climbing to $96,942 by January 12, with a potential 15.6% ROI for the month.
Changelly corroborated these figures, noting a 6.94% rise in potential to $96,942 from $90,227 base levels, alongside 47% green days and 2.14% volatility over the prior month. February averages could reach $105,558 under sustained conditions. Three-month targets hit $103,256 if $90,000 breaks upward.
Significance of Historic 12-Year Trendline Support
This trendline has held price action four times previously, each instance leading to consolidation followed by multi-quarter rallies. Bitcoin peaked above $126,000 in October 2025 before correcting to $80,000 lows, now retesting the structural line. KuCoin analysts affirmed its macro reliability for cycle bottoms.
Blockzeit detailed the upward-sloping support from 2013 amid current extreme fear and institutional ETF outflows. Chart patterns suggest higher lows ahead, though without immediate aggressive bounces. Recent January data records opens from $87,508 to $90,679, closing near $90,000.
As traders assessed the level’s implications, verified market analyst Stock Surgeon provided chart-based insights. Stock Surgeon (@TheStockSurgeon) said in X post,
“That’s one of those levels you don’t ignore. A 12-year trendline isn’t trader art, it’s structural memory. Every cycle that mattered respected it, and when price held there, the move that followed wasn’t incremental, it was regime-changing.Does it guarantee 400% again? No.
But it tells you risk is compressing while asymmetry is expanding.When Bitcoin leans on decade-long support, history says the market isn’t ending a story, it’s loading the next chapter.Seatbelts make sense here.”
That’s one of those levels you don’t ignore.
A 12-year trendline isn’t trader art, it’s structural memory. Every cycle that mattered respected it, and when price held there, the move that followed wasn’t incremental, it was regime-changing.
Does it guarantee 400% again? No. But…
— Stock Surgeon (@TheStockSurgeon) January 10, 2026
Recent Price Action and Technical Indicators
November 2025 rebounds lifted Bitcoin from $80,000 to $91,950, retesting prior resistance turned support at $89,000-$91,000. A death cross signal emerged then, yet price held above bullish SMA 50 and SMA 200. Institutional accumulation continued, exemplified by BlackRock’s $57 million Bitcoin purchase.
InvestingLive noted early 2026 futures up 3.3%, breaking multi-touch resistance with Value Area High at 89,600 as support. Point of Control near 88,000 defines bullish integrity. MEXC analysts viewed recent dips below the trendline as potential bear traps ahead of January rebounds, citing historical December-January patterns.
Analyst Projections Shape 2026 Expectations
CNBC aggregated 2026 forecasts spanning $75,000 lows to $225,000 highs post the year’s $126,000 peak and $80,000 trough. Symmetrical triangle breakouts target $107,400 resistance. Halving cycle extensions suggest Q1 all-time highs if patterns hold.
Weekly charts show consolidation below rising channels, requiring $99,250 closes for stronger rebounds toward $110,000-$123,000. Martin Pring’s analysis highlighted 12-month MA crossovers and KST momentum dissipation since 2014 waves.
Market Sentiment and External Influences
Fear & Greed lingers at 27, with 29% bullish signals amid volatility. Liquidations and outflows pressured declines, yet structural memory from the trendline offers compression points. Regulatory shifts, liquidity, and institutional flows remain key variables.
CoinCodex emphasised tracking sentiment shifts, support holds, and resistance breaks in real time. Early 2026 technical footing appears bullish above 88,000, eyeing $100,000 psychologically.
