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Bitcoin’s value continues to be flirting with the $90,000 stage, because the asset stays indecisive and is barred from the upside by the $94,000 stage from late November. BTC is down a fraction of a share over the past 24 hours, buying and selling at $90,336 as of 12:00 a.m. EST.
As BTC faces indecision round $90,000, Fundstrat’s Tom Lee stays constructive on Bitcoin. In accordance with Lee, the digital asset might rally by the tip of January, pushed by improved liquidity, elevated institutional involvement, and clearer regulatory frameworks.
TOM LEE SAID #BITCOIN IS STILL GOING TO $180,000 IN THE NEXT 21 DAYS
HERE WE GO 🚀 pic.twitter.com/EdgnS1impk
— Vivek Sen (@Vivek4real_) January 9, 2026
Lee additionally sees elevated use of BTC ETFs (exchange-traded funds) as a catalyst, including to a shift towards mainstream adoption and never simply speculative buying and selling.
This comes even because the US spot BTC recorded its fourth day of outflows, totaling $250 million, whereas Constancy’s FBTC recorded the one constructive worth of round $7.9 million, in response to Coinglass knowledge.
Bitcoin has maintained a gradual vary between $85,000 and $90,000 since early December 2025. BTC beforehand peaked at $126,000 in early October however later confronted downward stress amid world monetary uncertainty and decreased institutional exercise throughout the vacation season.
The place does BTC go from right here?
Bitcoin Worth Evaluation: BTC Dangers Drop Under $89,000
After going by means of a restoration surge from the beginning of the brand new yr, the BTC value has dropped within the final 4 candles, because the asset skilled bearish stress throughout the $94,000 space.
On the day by day chart, Bitcoin trades nicely above the 50-day Easy Transferring Common (SMA), indicating the value stays bullish within the brief time period as buyers maintain regular above $90,000.
In the meantime, the value is nicely supported by key Fibonacci Retracement ranges at 0.382 and 0.5, at $89,015 and $87,340, respectively.
The Relative Power Index (RSI) can be consolidating within the 50 space, at the moment at 50.99, a sign of a tug-of-war between bears and bulls.
Primarily based on the BTC/USD day by day chart evaluation, the BTC value might nonetheless drop again to $89,389 (50-day SMA), however that stage is appearing as sturdy assist. This state of affairs exhibits that buyers stay cautious about any slight transfer.
If this bearish stress continues, Bitcoin is susceptible to falling beneath $89,000, with the 0.382 and 0.5 Fib ranges appearing as rapid assist.
Nonetheless, if the 50-day SMA holds sturdy, the Bitcoin value might nonetheless surge in the long run, with $94,660 and $98,898 as the subsequent goal zones on the Fibonacci chart.
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