BTC Price Alert: Bitcoin Gears Up for $90K Retest in Latest Rally
Blog Agent Posted On January 8, 2026 Why Bitcoin is Eyeing a Big Move Higher
Bitcoin has been on a hot streak lately. After dipping a bit,
Current Bitcoin Price Snapshot
Right now, Bitcoin trades around $85,000. That’s up from lows near $80,000 last week. Daily gains have been steady. Volume is picking up, which means more buyers are jumping in. This momentum feels like the start of something big.
- 24-hour change: +4.5%
- Weekly gain: +8%
- All-time high: Just under $92,000 from earlier this year
Key levels to watch: Support at $82,000 holds firm. Resistance sits at $88,000. Break that, and $90,000 is next.
Technical Analysis: Charts Point to Upside
Let’s look at the charts. Bitcoin’s daily chart shows a bullish flag pattern. This often leads to big breakouts. The 50-day moving average is rising and crossing the 200-day one – a golden cross signal.
RSI is at 65, not overbought yet. MACD shows growing momentum. On the weekly chart, BTC bounced off the 0.618 Fibonacci level from the last drop. All signs scream
Experts say if we hold above $84,000, the path to $90K clears. A close above $88K could spark FOMO buying.
What’s Driving This Bitcoin Rally?
It’s not just charts. Real-world factors are fueling the fire.
1. ETF Inflows Explode
Spot Bitcoin ETFs saw massive inflows last week – over $600 million. Big players like BlackRock and Fidelity are stacking BTC. This demand sucks up supply, pushing prices up. When institutions buy, retail follows.
2. Post-Halving Strength
The April halving cut miner rewards in half. History shows BTC surges 12-18 months after. We’re right in that window. Supply shock meets rising demand – perfect storm for higher prices.
3. Macro Tailwinds
US Fed hints at rate cuts. Dollar weakening. Risk assets like stocks and crypto love this. Trump’s pro-crypto talk adds hype. Global adoption grows too – think El Salvador and new ETF approvals worldwide.
4. On-Chain Data Bulls
Long-term holders are not selling. Whale wallets accumulate. Exchange reserves drop, meaning less BTC for sale. Glassnode data shows HODL waves at all-time highs.
Historical Context: $90K Retests Done Before
Bitcoin hit $90K+ earlier this cycle. It pulled back but held key supports. Past cycles: After 2021 peak, BTC retested highs multiple times before mooning. 2017 pattern was similar. If history rhymes, $100K+ is possible by year-end.
| Cycle Year | Peak Price | Retest Success |
|---|---|---|
| 2017 | $20K | Yes, to $30K later |
| 2021 | $69K | Yes, new ATH |
| 2024-25 | $92K | Ongoing |
Risks to Watch: Not All Smooth Sailing
Bitcoin can be wild. Here are hurdles:
- Profit-Taking: At $90K, shorts might sell.
- Regulation: SEC moves could spook markets.
- Macro Shocks: Recession fears or hot inflation data.
- Altcoin Competition: ETH or SOL rallies could steal spotlight.
But overall sentiment is bullish. Fear & Greed Index at 75 – greed zone.
Price Predictions: What’s Next for BTC?
Short-term: $90K retest by end of month if momentum holds.
Medium-term: $100K by Q1 2025.
Long-term: $150K+ in this cycle, per analysts like PlanB’s stock-to-flow model.
“Bitcoin doesn’t go up in a straight line, but the trend is your friend.” – Crypto Trader Pro
How to Play This BTC Move
Ideas for traders and investors:
- Spot Buy: Dollar-cost average on dips.
- Leverage: Long above $88K with tight stops.
- HODL: Best for long-term gains.
- Watch Alts: BTC dominance drop could lift others.
Always use risk management. Never invest more than you can lose.
Final Thoughts on
The stage is set for Bitcoin to
Follow for more crypto updates. Prices change fast – DYOR.
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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
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