Bitcoin's Imminent Breakout: A Strategic Case for Targeting $98,000 in the Next Two Weeks

The Bitcoin price action in late December 2025 and early January 2026 has painted a compelling technical picture for aggressive long-term positioning. With key resistance levels in focus and bullish momentum indicators gaining traction, the case for a $98,000 target within the next 14 days is both statistically and structurally robust. This analysis synthesizes on-chain data, Fibonacci retracement levels, and oscillator signals to outline a high-probability trade setup.

Technical Catalysts: Resistance Levels and Structural Momentum

Bitcoin's price has oscillated near critical psychological and Fibonacci resistance levels in recent weeks. The $96,500 and $96,043 thresholds- identified by MEXC News as pivotal for validating bullish momentum-have acted as dynamic support-turned-resistance during consolidation phases. Notably, the RSI reading of 42.63 as of December 2025 suggests the asset is not overbought, leaving ample room for upward movement. Meanwhile, the hourly MACD has shown positive divergence, with the histogram expanding as bullish momentum accelerates.

A critical development occurred on January 14, 2026, when Bitcoin broke above $94,000, a level that had previously capped upside attempts for months. This breakout confirmed a shift in market sentiment, with bulls reclaiming control of the 12-hour rising channel's upper boundary. The next logical target, as outlined by DailyForex, is the $98,000–$103,500 range, which aligns with the height of this channel and prior Fibonacci resistance levels at $92,200, $92,700, and $93,500.

Strategic Rationale: Why $98,000 Is the Next Logical Target

The convergence of multiple technical signals strengthens the case for a $98,000 target. First, Bitcoin's recent close above $94,000 has invalidated bearish scenarios, with two consecutive higher hourly closes-required by DailyForex for a long setup-already achieved. Second, the RSI crossing above 50 on January 14, 2026, signals improving bullish conditions, while the MACD's positive momentum suggests further upward extension is likely.

Structurally, Bitcoin remains below its 50-day and 200-day SMAs, creating a "catch-up" effect as the short-term moving averages begin to realign with the longer-term trend. This dynamic is often observed during breakout phases, where price action accelerates to close the gap between indicators. The $98,000 level, therefore, serves as both a Fibonacci extension target and a psychological benchmark that could trigger institutional buying.

Risk Management: Defining Entry, Stop-Loss, and Take-Profit Levels

While the technical outlook is bullish, prudent risk management is essential. An optimal entry point for long positions would be above $94,555, the upper boundary of the rising channel identified by BraveNewCoin. A stop-loss at $91,500-below which renewed selling pressure could materialize-would limit downside risk to approximately 3%. The primary take-profit target of $98,000 aligns with the measured move from the January 14 breakout, with a secondary target at $103,500 if the $98,000 level is convincingly held.

Conclusion: A High-Probability Setup for Aggressive Longs

Bitcoin's technical landscape in early 2026 presents a rare alignment of momentum indicators, Fibonacci levels, and structural price action. With the RSI in neutral-to-bullish territory, MACD divergence favoring buyers, and key resistance levels already breached, the $98,000 target is not only achievable but statistically justified. Traders who act swiftly with disciplined risk parameters stand to capitalize on what appears to be the beginning of a multi-week bullish trend.