#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 January 7, 2026, the current price of Bitcoin (BTC) is approximately $92,058.9 USD, reflecting a slight decrease of around 1.26% in the last 24 hours. The price has been volatile today, sliding towards the $91,000 level due to an Asia-session sell-off.
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Recent News and Market Activity
-Recent Volatility: BTC has traded in a range between $91,263 and $94,444 in the past 24 hours. Market analysts note the price weakness aligns with a potential move to fill a CME futures gap near $90,600.
-Market Drivers: The market is influenced by the upcoming U.S. Supreme Court tariff ruling and the potential impact of key U.S. employment data on broader markets.
-Outlook: Despite the short-term dip, Bitcoin has surged in the first week of 2026, climbing almost 10% since its December lows. Some analysts maintain mid-to-long-term price targets, with one prediction forecasting a potential reach of over $96,000 today.
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