After undergoing a brief testing phase at the critical support level of $89,200, Bitcoin has surged back to a notable price point of $90,500, demonstrating its resilience and potential for upward movement in the cryptocurrency market. This bounce suggests that investor confidence may be returning, as the cryptocurrency manages to maintain its footing above the key support threshold.
source: https://www.coindesk.com/markets/2026/01/08/bitcoin-tests-key-support-level-of-usd89k-after-failing-to-break-trough-usd95k-earlier-in-the-week