Bitcoin price analysis: flat start until 2026
$Bitcoin started the first week of 2026. sideways price movementBitcoin continues to remain range bound, struggling to establish a clear short-term trend as traders evaluate macroeconomic signals and institutional flows.
Bitcoin price over the past week – TradingView
As of this writing, Bitcoin is approximately $90,000sandwiched between well-defined support and resistance zones.
Bitcoin analysis: a clear range without a breakout yet
If you look at it, 4 hour BTC/USD chartBitcoin is still moving internally. horizontal rangeconfirming consolidation rather than trend continuation.
- Key resistance: ~$94,500
- Main support: ~$85,300
- Lower psychological level: ~$80,000
Prices failed to break out again and again $94.5k resistancewhile buyers continue to intervene on it. $85,000 areakeeping Bitcoin locked in a sideways structure.
BTC/USD 4H – TradingView
Momentum indicators support this view. of Stochastic RSI is currently hovering near oversold territory, suggesting the possibility of a short-term rescue rebound, but without significant volume, upside remains limited.
As long as Bitcoin stays within this range, the market will hold. Standby mode.
ETF outflows increase bearish pressure
In addition to a cautious tone, Outflows from Bitcoin and Ethereum ETFs were noticeable this week:
These spills include activities such as: black rock and other major ETF issuersindicating a decline in institutional motivation in the short term. Although the trend has not completely reversed, selling pressure explains why Bitcoin is struggling to regain levels above resistance.
US unemployment data: a key driver ahead
The market is currently watching US unemployment rate dataScheduled to be released at 8:30 a.m. ET today.
- Expected unemployment rate: 4.5%
This data point is important. Higher-than-expected numbers could gain momentum Expectations for interest rate cutsmay support Bitcoin and risk assets. Conversely, strong labor data could reinforce the Fed’s cautious outlook and maintain pressure on the crypto market.
Bitcoin predictions: What to watch next
Bitcoin remains for now Neutral to slightly bearish In the short term:
- a Over $94,500 I was able to open the door towards $98,000 – $100,000
- a Loss of $85,300 support BTC will be exposed to deeper decline. $80,000
Until a definitive breakout occurs, traders should expect: Continuation of range tradingmacro data and ETF flows act as the main drivers.
