Overview
- Bitcoin pushed above $90,000 during U.S. trading on Jan. 2, a rare intraday gain lately, but price action remains confined near the $87,000–$90,000 area.
- BTC continues to trade beneath key long-term gauges, including the 50-week simple moving average near $101,614 and the one-year moving average.
- CryptoQuant’s Julio Moreno says several indicators turned bearish in early November, with a potential realized-price anchor in the $56,000–$60,000 band.
- Research firms outline three paths for 2026, with extended range trading as the base case, a macro-driven drawdown as a risk, and a low-probability breakout requiring consistent ETF inflows and easier policy.
- Short-term setups such as an Adam and Eve base and a symmetrical triangle imply targets around $94,000–$106,000 if confirmed by strong volume, while Polymarket assigns only a 23% chance of $150,000 before 2027.