In this video: Top Trades And Analysis, Metals Bounce, Stocks Rally, Bitcoin Jumps, But Warning Signals Surge. Video by Gareth Soloway.
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Bitcoin (BTC) price has seen an upward movement, rising to around the $89,000 level and trading up over 1.65% today, January 2, 2026. However, it remains in a narrow range below the key $90,000 resistance mark amid ongoing market consolidation and recent ETF outflows.
Key Technical Levels
-Recent Performance: Bitcoin is trading around $89,472.00, representing a daily increase of approximately 1.65%.
-Market Context: The price movement comes after Bitcoin ended 2025 with a 6% decline, with significant losses in the fourth quarter due to waning institutional demand and ETF outflows.
-Analyst Outlook: Some analysts view the current setup as a potential "topping area" with a possible final surge before a significant reversal, while others see signs of upside momentum that could test the $100,000 level in January.
-Market Dynamics: Bitcoin remains largely unaffected by external factors like U.S. interest rate cuts which boosted other assets like gold and stocks, with investors focused on internal crypto market dynamics.
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