Bitcoin Price Teeters Near $90,000 as Early-2026 Rally Falters

The Bitcoin price was trading around $90,815, down about 1% after an initial explosive rally in early 2026 briefly pushed it near $94,700, fueled by ETF inflows and bullish sentiment. This pullback represents a pause after breaking a multi-week consolidation range, with $91,000 now acting as key short-term support. Technically, a drop below $91,000 could lead to $87,000 support, while surpassing $94,000 targets the $98,000–$100,000 resistance zone. Traders are also focused on a January 9 U.S. Supreme Court ruling on President Trump's global tariffs, which could inject significant volatility into markets if the tariffs are struck down, potentially leading to large fiscal refunds. Despite short-term uncertainty, broader bullish signals persist, supported by strong recent ETF inflows.

(Source：Bitcoin Magazine)