Bitcoin Maintains Bullish Uptrend on Weekly Chart Amid Strong Support Tests

Bitcoin (BTC) continues to demonstrate resilience in its long-term trajectory, as highlighted in a recent analysis by Crypto King on January 19, 2026. According to the expert trader, BTC remains firmly in an uptrend on the weekly chart, having successfully tested a key support line three times without breaking below it. This repeated defense underscores the strength of buyer interest, particularly evident in the latest bounce around the $93,000 level. As long as Bitcoin stays above this critical trendline, the overall trend is expected to remain bullish, setting the stage for potential advances toward significant milestones like $100,000 and beyond if momentum builds. This perspective aligns with broader market sentiment, where institutional investors and retail traders alike are monitoring these levels for trading opportunities, emphasizing the importance of technical analysis in cryptocurrency trading strategies.

The weekly chart's uptrend is a vital indicator for traders looking to capitalize on Bitcoin's price movements. Each test of the support line, occurring over recent weeks, has seen increased buying pressure, preventing a deeper correction and reinforcing the bullish narrative. For instance, the bounce from approximately $93,000 not only halted downward momentum but also sparked renewed interest in BTC/USD trading pairs across major exchanges. Traders should watch for volume spikes during these tests, as higher trading volumes often signal stronger conviction among buyers. If BTC maintains above this support, it could lead to a breakout toward resistance levels, with $100,000 acting as a psychological barrier that, once breached, might trigger further upside to $110,000 or higher based on historical patterns. Incorporating tools like moving averages and RSI indicators can help identify entry points, making this an opportune moment for swing traders to position long while managing risks with stop-loss orders below the trendline.

Key Levels and Trading Strategies for BTC

Delving deeper into trading implications, the next key level to watch is indeed $100,000, as noted in the analysis. Breaking this threshold could accelerate momentum, potentially driven by factors such as positive regulatory developments or increased adoption in decentralized finance (DeFi) sectors. On-chain metrics, including active addresses and transaction volumes, support this view, showing sustained network activity that correlates with price stability. For day traders, focusing on intraday charts reveals opportunities in BTC pairs like BTC/ETH or BTC/USDT, where volatility can offer quick profits. Resistance at $100,000 might see initial pullbacks, but sustained buying could push toward all-time highs. Risk management is crucial; traders are advised to monitor market indicators such as the fear and greed index, which recently hovered in greedy territory, indicating overbought conditions that warrant caution. By blending technical analysis with fundamental insights, investors can navigate this uptrend effectively, eyeing leveraged positions or spot trades depending on risk tolerance.

In the broader context of cryptocurrency markets, Bitcoin's performance often influences altcoins, creating ripple effects for portfolio diversification. If the uptrend holds, it could boost sentiment across the board, benefiting tokens like Ethereum (ETH) and Solana (SOL) through correlated price action. Traders should consider cross-market opportunities, such as hedging BTC positions with stablecoins during volatile periods. The analysis from Crypto King serves as a reminder of the importance of trendline adherence in trading decisions, encouraging a data-driven approach over emotional reactions. As Bitcoin approaches these pivotal levels, staying informed on real-time developments will be key to maximizing returns in this dynamic market environment.

Overall, this bullish setup on the weekly chart presents compelling trading scenarios for both short-term scalpers and long-term holders. With support holding firm and upside targets in sight, BTC's trajectory suggests continued growth potential, provided external factors like macroeconomic shifts do not intervene. Traders are encouraged to use platforms with advanced charting tools to track these movements, ensuring they capitalize on the momentum while adhering to sound risk practices.