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Bitcoin Price Report: $93,000 Resistance Broken?

The cryptocurrency market started the day on a positive note, with Bitcoin successfully securing its position in the $93,000 channel after a mild growth.

Bitcoin Price Report: $93,000 Resistance Broken?

The cryptocurrency market started the day on a positive note, with Bitcoin successfully securing its position in the $93,000 channel after a mild growth.

According to Shahr-e- Bourse, the king of cryptocurrencies began trading today, Wednesday, January 7, 2026, with a green and positive trend. Bitcoin, which was fluctuating in the $92,000 channel yesterday, managed to gain a foothold in the $93,000 channel today with a mild growth of nearly 0.5%.

In the domestic market of Iran, influenced by the Tether rate (digital dollar) which is trading around 148,600 Tomans, the price of Bitcoin has registered astronomical figures on the exchange boards, approaching the 13.8 billion Toman mark.

Market Snapshot (January 7, 2026):

  • Current Price (USD): $93,054 (📈 +0.47%)

  • Current Price (Toman): ~13,827,956,000 Tomans

  • Daily High: $93,771

  • Daily Low: $92,257

Technical Analysis: Currently, Bitcoin is trading above its 5-day moving average ($91,696), indicating a short-term bullish trend. However, it still maintains a significant distance from its 200-day moving average ($106,000), which suggests that the deep correction from previous months has not yet fully resolved.

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