#Bitcoin BTC Price News Today 7-1-2026 - Elliott Wave and technical analysis of Bitcoin (BTC), focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
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As of early morning January 7, 2026, the Bitcoin (BTC) price is around $92,605.06 (close price). The price has been slightly down today, influenced by ongoing geopolitical and macroeconomic risks.
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Recent News and Market Activity
-Geopolitical and Macroeconomic Risks: Current market movements are linked to ongoing global macroeconomic signals and geopolitical developments, which are stalling a price recovery.
-Technical Indicators: On the four-hour timeframe, Bitcoin is currently trending bearish with the 50-day moving average sloping down, but the 200-day moving average remains upward sloping, indicating a strong underlying trend.
-Institutional Adoption: The market is increasingly influenced by institutional investors, which is expected to reduce extreme volatility and support long-term growth as crypto regulations become clearer.
-Future Outlook: While there are short-term fluctuations, some analysts and institutions forecast Bitcoin could reach between $143,000 and $170,000 during 2026, driven by rising alternative asset demand and clearer regulation.
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