What is Wrapped Bitcoin USD (WBTCUSD)?

WBTCUSD is a tokenized version of Bitcoin that operates on multiple blockchain networks like Ethereum and Polygon. It maintains a 1:1 peg to Bitcoin's price, allowing users to access Bitcoin value across different DeFi ecosystems without holding native BTC.

Why did WBTCUSD drop 1.05% today?

The decline reflects profit-taking after a 3.48% five-day rally. Volume remains below average at 279.7 million, indicating consolidation rather than aggressive selling pressure. Technical resistance near $94,407 likely triggered some selling.

What are the key support and resistance levels for WBTCUSD?

Immediate support sits at $91,224.80 (today's low), with secondary support at the 50-day moving average of $89,060.01. Resistance forms at $94,407.79 (today's high) and the upper Bollinger Band at $93,404.00.

What does the RSI indicator tell us about WBTCUSD?

RSI at 59.13 indicates neutral momentum with no overbought (above 70) or oversold (below 30) conditions. This suggests balanced market sentiment between buyers and sellers with room for movement in either direction.

What is the quarterly price forecast for WBTCUSD?

WBTCUSD is projected to reach $139,482.32 by end of Q1 2026, representing a 48.6% potential rally from current levels. This would require breaking above resistance and establishing new highs.

Crypto Insights

WBTCUSD Wrapped Bitcoin USD Retreats 1.05% as RSI Signals Neutral Momentum

ByHuzaifa Zahoor January 9, 2026January 9, 2026

Wrapped Bitcoin USD (WBTCUSD) is trading at $93,849.32 as of January 9, 2026, down 1.05% over the past day despite broader strength in the crypto market. The token represents a tokenized version of Bitcoin on various blockchain networks, allowing users to access Bitcoin’s value across different ecosystems. Understanding WBTCUSD price movements requires examining both technical indicators and market sentiment. Today’s pullback comes after a strong 3.48% five-day rally, raising questions about whether this represents a healthy consolidation or the start of deeper weakness. We’ll break down the technical picture, price forecasts, and key levels driving WBTCUSD trading activity.