According to @CryptoMichNL, BTC tapped the 21-day moving average and briefly undercut it, which he views as acceptable liquidity taking if the level holds. Source: @CryptoMichNL on X, Jan 8, 2026. He states that holding the 21-DMA keeps BTC on track to test $94,000 in the coming week, while losing it could trigger a sweep of the developing local lows. Source: @CryptoMichNL on X, Jan 8, 2026.