Market bitcoin

Bitcoin Market Update: January 3, 2026

Bitcoin starts the new year showing signs of a post-holiday recovery, currently trading around $90,110. This represents a modest 2% gain over the last 24 hours, finally reclaiming the psychological resistance level of $90,000.
Despite this upward movement, market sentiment remains cautiously optimistic. Analysts point out that for a definitive bull trend to resume, Bitcoin needs to break through the Short-Term Holder realized price, which currently sits near $99,000. On-chain data suggests a pivotal resistance zone between $99,000 and $102,000.
Geopolitical factors are also influencing price action, with recent military tensions in South America causing temporary volatility and a brief dip below $90,000 earlier today. However, institutional conviction appears to be returning; long-term holder supply has turned positive for the first time in months, signaling a shift toward accumulation. Investors are now looking toward upcoming macroeconomic shifts and ETF inflows to determine if BTC can maintain its momentum toward the elusive $100,000 milestone.