Jan 06, 2026

Bitcoin Rallies to $93K: 2026 Opens Strong with Bulls Squeezing Shorts

TLDR: Bitcoin traded within a narrow 3% range during the holiday period before rallying to $93,000 levels. Support holds near $80,000 True Market Mean while resistance clusters between $95,000 and $105,000. Checkonchain analysts focus on onchain data and futures positioning rather than speculative forecasts. Recent price action mirrors 2022 consolidation patterns following major market volatility [...]

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Source: Blockonomi →