Bitcoin (BTC) may be up slightly at the start of Friday’s session, but it remains to be seen if it can build traction above $6,000.
The world’s largest cryptocurrency by market capitalization is now down 37 percent from its May 5th high at $9,996 according to CoinDesk’s Bitcoin Price Index, though it’s rebounded to a crucial support zone at $6,235, according to Bitfinex data.
The figure is notable, as it could be argued bitcoin needs a daily close above the previous low at $6,070 to abort bearish outlook for the coming week.
And so far in today’s session, it appears a bullish reversal pattern might be playing out.
View
Bitcoin risked falling below the current inverse H&S neckline around $6,073 but has since recovered slightly to keep the pattern in play.
Bitcoin is starting the year with strength, but not without turbulence. After briefly dipping below $92,000 yesterday, the BTC price quickly reclaimed that level and turned it back into short-term support.
Bitcoin had a strong start to 2026. The initial days were filled with supportive market actions such as stable price movements, good demand in the spot markets, and no indication of panic selling.
Bitcoin price surged into the new year, supported by renewed optimism and strong spot ETF inflows. The crypto king pushed higher despite geopolitical tension following the US strike on Venezuela.
The price of Bitcoin seems to be positioning for a renewed bullish phase following its positive start to the new year. The premier cryptocurrency closed 2025 with a range-bound price performance, recording no significant movement in the past month of December.
Bitcoin Magazine
Bitcoin Price Struggled in 2025, but Long-Term Lows Show a Strong and Rising Floor
The bitcoin price's 2025 price swung above $125,000 before falling to around $87,000, reflecting a shift from speculative rallies to macro-driven market forces.
Bitcoin Magazine
Bitcoin Price Struggles to Break $90,000 as One-Month Battle Continues
The bitcoin price continued to swing around the $90,000 level during thin holiday trading, rising and falling in sharp moves that lacked any volume needed for a sustained breakout.
The Bitcoin price rose to above $90,200 on Monday. Bulls failed to hold onto gains, and the price dropped to $86,717. Bulls are looking to strengthen as analysts point to continued. It’s been a difficult last few weeks of 2025 for crypto, and Bitcoin (BTC) showed that this will likely continue into early 2026 as […]
The post Bitcoin price consolidates near $87K as downside risk persist appeared first on CoinJournal.
Since the short squeeze in mid-December, Bitcoin has yet to make any significant price gain, facing multiple rejections at the $90,000 price zone. The maiden cryptocurrency is presently consolidating within the $87,000, while investors patiently anticipate a clear market direction.
Crypto chartist Ali Martinez has pointed out a potential downtrend on the Bitcoin price chart. According to him, the price of Bitcoin could dump to $40k based on a historical pattern. In other news, investors are jumping ship to DeepSnitch AI.
Bitcoin has continued to trend lower on the back of selling pressure building across the market. In fact, the world's largest cryptocurrency is now well off its all-time high of close to $126k, with BThe post Bitcoin - All about the liquidity signals that are hinting at a price recovery in 2026 appeared first on AMBCrypto.
Bitcoin Magazine
Bitcoin Price Struggles at $90,000 as Christmas Trading Looms
The bitcoin price briefly climbed above $90,000 after rising from $88,000 during Asian and European hours, before retreating toward $88,000 again during U.
Bitcoin price recently climbed above $90,000, hinting at a possible recovery, but there are still concerns that the rally may not last.
The post Bitcoin Price Reclaims $90,000, Is This Dead Cat Bounce? appeared first on Coinspeaker.
Bitcoin is trading around $88,000, well below its recent all-time high near $124,000. While price has stabilized after the sharp pullback, on-chain data suggests the market may not be out of the woods yet.
Although the Bitcoin price has recently displayed swift recovery to the upside, the broader picture still mirrors a bleak future for the flagship cryptocurrency. A new on-chain evaluation has surfaced, which suggests that Bitcoin’s recent price recovery could be happening within a broader, weak trend, with macroeconomic factors acting as the major influences.
Bitcoin Magazine
Bitcoin Price Crashes to $84,000 – Is $70,000 Next?
The bitcoin price experienced two more aggressive dumps today, now trading near $84,500.
This post Bitcoin Price Crashes to $84,000 – Is $70,000 Next? first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
As the market volatility heats up again, the price of Bitcoin witnessed a pullback, bringing it closer to the $90,000 threshold. While BTC’s price faces a pullback, key on-chain metrics are beginning to follow suit, reaching levels that could shape or determine the next trajectory of the market.
Bitcoin Magazine
Bitcoin Price Forecast Tools and Cycle Valuation Metrics
This One Chart Has Never Missed a Bitcoin Price Top or Bottom in 15 Years
This post Bitcoin Price Forecast Tools and Cycle Valuation Metrics first appeared on Bitcoin Magazine and is written by Matt Crosby.
Bitcoin Magazine
Bitcoin Price Fights For $90,000 Despite Fed Rate Cuts
The bitcoin price fell on Wednesday night into Thursday, falling from $94,000 to below $90,000.
This post Bitcoin Price Fights For $90,000 Despite Fed Rate Cuts first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Bitcoin (BTC) is trading in a narrow range between $92,000 and $94,000, a zone that could dictate whether the cryptocurrency rallies toward $100,000 or retraces to around $90,000.
When Strategy disclosed its acquisition of more than 10,000 Bitcoin worth $1 billion, market watchers anticipated an immediate rally. Instead, Bitcoin’s price barely moved. The muted response was not a reflection of weak demand but the result of how the purchase was executed.
Bitcoin Magazine
Bitcoin Price Skyrockets to $94,000 as Banks Start to Embrace Bitcoin
The bitcoin price is pumping this morning, currently trading above $94,000.
This post Bitcoin Price Skyrockets to $94,000 as Banks Start to Embrace Bitcoin first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
In its October report, DappRadar, a global marketplace for decentralized applications, stated that the crypto industry has rebounded and reached a market cap of $1 trillion. The Crypto Market Cap is Over $1 Trillion Despite the $1 billion losses due…
The NFT boom was supported by a healthy and bullish crypto ecosystem and positive investor sentiment. However, Bitcoin’s bear market had an adverse impact on the crypto ecosystem.
The narratives that have propelled crypto to its current status have reached the limits of their influence. It’s time to rethink how to pitch crypto to a broader society.
Amid Tether losing market share over the past few weeks, the Circle-backed USDC stablecoin has been growing notably, with the market value surging to $55 billion.
