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COINTURK NEWS > Technical Analysis > Bitcoin Surprises with Unexpected Surge Above $90,900
Technical Analysis

Bitcoin Surprises with Unexpected Surge Above $90,900

In Brief

  • Bitcoin reached an impressive level above $90,900, signaling a promising weekend.

  • Dogecoin is experiencing a resurgence, with potential support at $0.1584 soon.

  • Cardano and SHIB show growth signs despite extended downtrends, targeting significant resistances.

Ömer Ergin
Ömer Ergin 4 months ago
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Contents
Dogecoin (DOGE)Cardano (ADA) and Shiba Coin

At the dawn of the new year, Bitcoin (BTC) made a remarkable move, surging above $90,900. Although it’s early to celebrate, if BTC can maintain this level for the daily close, it signals potential gains for the weekend. Meanwhile, after three months of continuous declines, altcoins are beginning to show signs of recovery from their lowest points, a pattern inherent in the crypto landscape. What does the future hold for ADA, SHIB, and DOGE?

Dogecoin (DOGE)

In the past year, Dogecoin lost the backing of Elon Musk. Additionally, governmental efficiency departments didn’t provide significant advantages to the largest meme coin. Despite short-term spikes, DOGE underperformed in 2025. However, following prolonged selling pressures, DOGE is experiencing a resurgence with double-digit gains.

Typically, when altcoins begin to rally, it’s common to see risky, significant assets like DOGE leading the charge. Today resembles those earlier days. If Bitcoin can achieve a daily close above $90,500, particularly using this as support, Dogecoin could secure bigger gains over the weekend.

After stabilizing at $0.1168, DOGE ended an 80-day decline. Even with short-term spikes, DOGE had been forming lower peaks. Now, poised to surpass $0.14, DOGE could establish support at $0.1584 over the weekend. Following that, its next target will be the $0.182 resistance. This rise is satisfying short-term, but an extended rally could recover the $0.212 and subsequently $0.2545 thresholds.

Cardano (ADA) and Shiba Coin

Many altcoins initiated their recovery after reaching their all-time lows during an 80-90 day downtrend. This period corresponds to a four-year cycle, where continuous selling by analysts projecting over 90% losses led prices further down until sellers exhausted.

Interestingly, if these rallies accelerate, those who have been selling for 80 days may transition into buyers, effectively igniting a prolonged rise. ADA Coin is currently above the $0.3757 support, with a push to $0.456 being possible. The overall market sentiment will, of course, play a determining role.

While all altcoins have been descending for 80 days, SHIB has been in a downtrend for 390 days. It has lost its previous momentum, and attempts to tap into hype like DeFi, Metaverse, or NFTs haven’t worked for the Shiba Coin team. Despite fading, SHIB’s extended decline suggests a breaking point.

After bottoming out at $0.00000686, SHIB marked its second consecutive daily rise. Targeting the resistance at $0.00000875, succeeding in this could help SHIB erase another zero, aiming at $0.00001161. A weekend goal of $0.00000976 seems reasonable, again, contingent upon the overall market sentiment.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 2 January, 2026 - 9:20 pm 2 January, 2026 - 9:20 pm
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