Bitcoin Holds Above $91,000 as Market Eyes Next Big Move

[Phoenixtrader]

Today, Btc is trading between $91k and $91500.. It has started the year fairly strong after briefly falling below $90k. That drop didn’t last long. Prices bounced back quickly after news of U.S. military action in Venezuela, where President Trump claimed that Nicolas Maduro and his wife were captured. The news increased global uncertainty, and investors turned back to Bitcoin, pushing the price above $91k again. From aTA point of view, Bitcoin has been moving sideways for weeks between $85K and $90K. Indicators like Bollinger Bands now show very low volatility, which often means a big price move could happen soon. If Bitcoin breaks above key resistance levels, analysts believe it could rise toward $96K to $100K.

Market mood is still carefully positive. At the end of 2025, spot Bitcoin ETFs saw large outflows about $4.57 billionmostly due to institutions selling for tax reasons. However, early 2026 is showing new money flowing back into ETFs, along with investors buying dips. This is supported by hopes for clearer crypto regulations and wider adoption.

With the current market alot of users are already digging in, trading competitions, new year euphoria has set it, let's see if the momentum continues and we see a sustained move by BTC as Longer-term predictions are much more bullish, with some analysts expecting $150k by the end of 2026 or higher, based on historical price trends and improving global economic conditions.

[Somegory]

Looks more like a trap to me, lower your expectations, even if we go back up to 105k it is still looking like a trap.

[Phoenixtrader]

Looks more like a trap to me, lower your expectations, even if we go back up to 105k it is still looking like a trap.

Do you care to explain more.

[Free Market Capitalist]

Looks more like a trap to me, lower your expectations, even if we go back up to 105k it is still looking like a trap.

Do you care to explain more.

I don't know his specific reasons but here is my take: if you look at the graph for the few days we've had so far this year, you can see a slight upward trend, but that's nothing in the context of a long-term graph. The bullish reasons you mention make sense, but there were even more bullish reasons at the beginning of 2025, and look how that turned out.

[pawanjain]

We are still in a sideways market and the upper resistance is at $108k and we should not be getting our hopes high until we break that resistance.
I believe the price will keep moving sideways for the next few months and once it breaks $108k we can consider it as an upward trend.
I won't be selling any until a new ATH though. This year will be golden for bitcoin as we might see the ATH breaking again.
Just a speculation but good to see how bitcoin performs in 2026.

[asriloni]

Do you care to explain more.

The reason is simple, somegory seems aware if the pattern is forming head and shoulder patten. It makes  him said it's a trap. BTC may be bouncing back to the 100k - 105k, but it will go deeper after it touched the supply zone at that range.

Lower your expectation, but always prepare some money to buy as many Bitcoin as you can when that time will come.

[7juju]

Looks more like a trap to me, lower your expectations, even if we go back up to 105k it is still looking like a trap.

Do you care to explain more.

There's something that is called bull trap, were the price of bitcoin suddenly keep rising because of market manipulators and this makes people think that the bullish trend has returned, and unspecting investors and newbies start jumping into the market buying bitcoin so they won't lose out from the rise in bitcoin price and before they know it the price will drop and go back to were it was before the rise or even lower. Or let me just put it this way, He thinks the whales are manipulating the market by pumping in money to the the market and they will sell off when they have achieved their aim thereby pushing the market price down to were it was before or lower.

[BlackHatCoiner]

Do you care to explain more.

Okay, here's an explanation: we've been above $100k for a long time (it must had been months), and yet, we slipped back to $90k-ish in a single day. If I remember correctly, it dropped from $120k to $103k in one hour candle, and then it slowly went downwards to $90k-ish. Then we stayed at $90k for a long time. Then it started slipping down to $80k. Then it went back and fourth to $90k and $80k. Now we're somewhat stuck at $87-90k. I don't see why it should be this time that it'll skyrocket. It surely will at some point, I'm just not sure why now.

[memehunter]

I don't see why it should be this time that it'll skyrocket. It surely will at some point, I'm just not sure why now.

The temporary increase might be due to the Bitcoin birthday hype. Now a days we see such short trends, but it should not be interpreted as bullish trend. It is good for BTC anyway though. IMO, we will see BTC in this prize range (slowly grinding up) for some more time as there is no big news. January and specially February are usually bullish times for BTC as per TA.

[Zaguru12]

The temporary increase might be due to the Bitcoin birthday hype. Now a days we see such short trends, but it should not be interpreted as bullish trend. It is good for BTC anyway though. IMO, we will see BTC in this prize range (slowly grinding up) for some more time as there is no big news. January and specially February are usually bullish times for BTC as per TA.

January are usually mixed month historical and not predominantly a bullish month entirely, I think the early days are usually bullish only due to new year Frenzy but i definitely agree with you that this looks more like a bull trap instead of bullish trend evolving. I am of the prediction that this move might not break the $95k resistance because there is basically no real stats actually showing that buyers are actually in control of the market.

[Ishicryptic]

We are still in a sideways market and the upper resistance is at $108k and we should not be getting our hopes high until we break that resistance.
I believe the price will keep moving sideways for the next few months and once it breaks $108k we can consider it as an upward trend.
I won't be selling any until a new ATH though. This year will be golden for bitcoin as we might see the ATH breaking again.
Just a speculation but good to see how bitcoin performs in 2026.

No need to get too excited about this current price until we break the $108k resistance or somewhere around it, we might just see a dip again from nowhere, there is no strong indications for me so far to suggest a next big move. I hope the year becomes golden for us investors as you're predicting because I'm guessing that this uptrend will be temporary because we are as good as in the bear run. Despite my pessimism I will still be happy to see a new ATH in this year it will be refreshing for most of us. The year is still early we will have to wait and see what happens in the market since we don't control it.

[JamesDaniel90]

Those who are trying to predict this market it is very hard to do so now that the 4 year cycle as many knew it is over. No one knows if this is a bull trap or if we will see Bitcoin at new highs in the next month or two.

As last year ended red, it means it was the first time ever a red year followed a halving year so that confirms the cycle as we knew it is now over.

We now know it is not the halving that determines which way the market goes every year, it is the money and this year we have more money coming to the market with QE coming for the first time since 2020 and look what happened in the 12 months after that QE in 2020, the market pumped.

I think we could go below $75k at some point next few months, but then think we will pump to new highs second half of the year once QE has started.

[adultcrypto]

Looks more like a trap to me, lower your expectations, even if we go back up to 105k it is still looking like a trap.

I don't think anyone will be too excited about this market rally because such have happened a couple of times in the past and the market ended up dumping so hard. This may be no exception but considering the timing, the beginning of a new year, it is really encouraging and shows that this year may not be a bear year like most people are expecting. While we keep our expectations low, we can also find the motivation to buy more just incase this year decides to pull a big surprise.

[Phoenixtrader]

I don't see why it should be this time that it'll skyrocket. It surely will at some point, I'm just not sure why now.

The temporary increase might be due to the Bitcoin birthday hype. Now a days we see such short trends, but it should not be interpreted as bullish trend. It is good for BTC anyway though. IMO, we will see BTC in this prize range (slowly grinding up) for some more time as there is no big news. January and specially February are usually bullish times for BTC as per TA.

Okay this makes sense. Btc is already retracing and I'm ina short position on Xrp while I keep up with this TCC phase 24
, anyways i know the game and was not that excited ngl, just share sentiments on X. Let's see how it goes too.

Do you care to explain more.

Okay, here's an explanation: we've been above $100k for a long time (it must had been months), and yet, we slipped back to $90k-ish in a single day. If I remember correctly, it dropped from $120k to $103k in one hour candle, and then it slowly went downwards to $90k-ish. Then we stayed at $90k for a long time. Then it started slipping down to $80k. Then it went back and fourth to $90k and $80k. Now we're somewhat stuck at $87-90k. I don't see why it should be this time that it'll skyrocket. It surely will at some point, I'm just not sure why now.

Man, you gat to be smart trading these markets else you'll be liquidated.. perfectly explained mate.

[Judith87403]

The strength of Bitcoin higher than $91k reveals how faster it yet attracts capital in times of uncertainty. The quick rebounds is of opinion that buyers are active and confident, not only emotionally reacting. Movement on sideways and low  volatility normally implies the market is coiling, therefore a sharp step may not be a surprise anymore. A clean break that is above resistance may for real open the door to the mid high rang of $90k.

The outflows of ETF at the closure of 2025 appears more like positioning instead of loss of faith, the view is supported by the early 2026 inflows. Optimism of new year, buying dip, and regulatory expectations that is better all assist sentiment, even though thee remains caution.

In Short term, volatility is very likely. In the Long term, the bullish case remains intact so long adoption grows and there is tight supply. The major question is not about direction, but it is about timing.

[Somegory]

Do you care to explain more.

The reason is simple, somegory seems aware if the pattern is forming head and shoulder patten. It makes  him said it's a trap. BTC may be bouncing back to the 100k - 105k, but it will go deeper after it touched the supply zone at that range.

Lower your expectation, but always prepare some money to buy as many Bitcoin as you can when that time will come.

Thanks for explaining better, I've been a little busy that's why I am not very active in past days, this is exactly what I was talking about, the chances that this move is another fake out is very high compared to Bitcoin surging over 105k again.

[fullfitlarry]

Looks more like a trap to me, lower your expectations, even if we go back up to 105k it is still looking like a trap.

Do you care to explain more.

It's means that with Bitcoin's volatility, it's possible that there could be no more big move for this month because we are in the bearish market. So you should lower your expectations because if you don't and if the market declined then you might be disappointed in the end.

So anything moving forward could be treated with caution, volatility + geo politics might bring the market down at the start of the year.

[Marvelockg]

Looks more like a trap to me, lower your expectations, even if we go back up to 105k it is still looking like a trap.

A trap you say? Does that in any way suggest that bitcoin isn't climbing up the ladder above $100k again?  As much I've removed my eyes from charts and will rather not make baseless speculation that's burned out of emotions, I know better that in this year, we will see bitcoin going higher and higher than a lot of us currently see it going. Not so long ago, anything around the $90k region looked like a DIP and so, I wouldn't be too surprised to see bitcoin getting above $90k and going to as much as the last ATH or even create a new ATH sonner than later.

There's more to bitcoin than mere speculation and as long as in addition to the fact that bitcoin will eventually get bullish again that the technological usefulness of bitcoin is still a relevant thing,  bitcoin will still remain a precious amd valuable commodity.

[pooya87]

Prices bounced back quickly after news of U.S. military action in Venezuela, where President Trump claimed that Nicolas Maduro and his wife were captured. The news increased global uncertainty, and investors turned back to Bitcoin, pushing the price above $91k again.

I don't think there is a strong enough link.

You see bitcoin was supposed to recover at some point and that recovery was postponed to after the new year's holidays. And what we are seeing today is that recovery as we entered the new year. Something that should speed up more as days pass from January.

The reason I have is from historical cases. Usually in short term bitcoin reacts negatively to such destabilization acts by the US regime that creates chaos, such as abduction of president of another country. But in the long run the recovery is bigger because as you said investors turn into bitcoin as safe haven.

It's gold that reacts positively in short term as we saw it start rising back up again after the abduction.

[BALIK]

Looks more like a trap to me, lower your expectations, even if we go back up to 105k it is still looking like a trap.

A trap you say? Does that in any way suggest that bitcoin isn't climbing up the ladder above $100k again?  As much I've removed my eyes from charts and will rather not make baseless speculation that's burned out of emotions, I know better that in this year, we will see bitcoin going higher and higher than a lot of us currently see it going. Not so long ago, anything around the $90k region looked like a DIP and so, I wouldn't be too surprised to see bitcoin getting above $90k and going to as much as the last ATH or even create a new ATH sonner than later.

There's more to bitcoin than mere speculation and as long as in addition to the fact that bitcoin will eventually get bullish again that the technological usefulness of bitcoin is still a relevant thing,  bitcoin will still remain a precious amd valuable commodity.

I agree with you that most people's prediction are based entirely on emotions and expectation, and that's why so few people make accurate predictions.

How about you? What makes you so sure that Bitcoin will rise higher and reach new ATH this year? Or are you just stating your expectations, like everyone?

Bitcoin is certain to increase over time because it is an asset with a use case, practical applications, and intrinsic value. But like any asset/investment, shortterm and mediumterm volatility is inevitable. That is the rule of the financial market, and Bitcoin is no exception.