Bitcoin (BTC) holds near $89,207 as January 24 analysis points to $88,500–$90,500 range

On January 24, Bitcoin traded around $89,207 after a 0.5% daily increase, with price action gravitating closer to support than resistance. Intraday and higher time frame charts show low volume and a preference for sideways movement between $88,500 and $90,500, while a prior failure to stay above $94,652 leaves room for a potential support retest next week.