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BTC Price Prediction: Will It Surge Past $90,000?

BTC Price Prediction: Will It Surge Past $90,000?

Published:
2026-01-29 14:01:44
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  • Technical Hurdle at Moving Average: The price must convincingly break above the 20-day MA near $91,285 to build momentum toward the $90,000 target and higher.
  • Clash of Fundamental Narratives: Bullish institutional adoption is being offset by bearish ETF outflow trends and network concerns, creating market indecision.
  • Consolidation Before Potential Breakout: Current indicators point to a period of consolidation between $85,300 and $91,285. The direction of the eventual breakout will be determined by which set of news catalysts—positive or negative—gains dominance.

BTC Price Prediction

Technical Analysis: BTC Approaches Critical Resistance

According to BTCC financial analyst Mia, bitcoin is currently trading at $88,073, which is below its 20-day moving average of $91,285. This suggests the asset is in a short-term corrective phase relative to its recent trend. The MACD indicator shows a positive histogram value of 2,095, indicating that bullish momentum is still present, albeit potentially weakening as the signal line (415.94) is below the MACD line (2,510.95).

Price action is hovering NEAR the middle Bollinger Band ($91,285), with the upper band at $97,269 acting as a key resistance level and the lower band at $85,300 providing support. The proximity to the middle band often signals a period of consolidation. A decisive break above the 20-day MA could pave the way for a test of the $90,000 level.

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Market Sentiment: A Clash of Narratives

BTCC financial analyst Mia notes that current news Flow presents a mixed picture for Bitcoin. Headlines highlight significant structural concerns, such as fears over 'rehypothecation' of 712K BTC and persistent ETF outflows, which apply selling pressure and foster uncertainty. Concurrently, mining faces operational challenges from U.S. grid pressures.

However, these bearish factors are counterbalanced by bullish institutional developments, like Metaplanet's major treasury expansion, and technical analyses pointing to a potential surge toward $100K. Furthermore, dollar volatility is cited as a catalyst that could drive capital into crypto. The dominant narrative of 'digital gold' is being questioned as gold outperforms, yet Bitcoin shows resilience by testing the $90K zone amidst economic uncertainty, indicating underlying strength.

Factors Influencing BTC’s Price

Bitcoin (BTC) Bombshell: 712K BTC Sparks Massive Rehypothecation Fears

Bitcoin's market dynamics face scrutiny as a single entity's aggressive accumulation strategy raises questions about supply integrity. The company in question has purchased 2,932 BTC for $264 million on January 26, bringing its total holdings to 712,647 BTC—equivalent to nearly four times Bitcoin's 2026 annual mining output. This unprecedented buying activity, consuming 3.5x daily BTC production, has failed to move markets as expected, fueling speculation about the nature of these holdings.

Michael Saylor's firm maintains its position as a 'real bitcoin' buyer, auditing custodians and denying rehypothecation practices. Yet the market's muted response to what should be a supply shock has prompted industry figures like Casa co-founder Jameson Lopp to question whether these assets are truly unencumbered. The debate centers on whether institutional BTC accumulation represents genuine adoption or synthetic exposure through debt instruments.

Metaplanet Approves $137M Stock Offering to Expand Bitcoin Treasury

Metaplanet has greenlit a $137 million stock offering to bolster its Bitcoin reserves, signaling a deepening corporate commitment to cryptocurrency amid growing institutional adoption. The Tokyo-based firm will issue new shares and stock acquisition rights through a third-party allotment, with proceeds primarily earmarked for BTC purchases and operational income.

The capital raise structure reveals precise financial engineering: 24.5 million new shares priced at 499 yen will generate 12.2 billion yen, while attached rights for 15.9 million shares at 547 yen create additional upside potential. Settlement begins February 13, with rights exercisable through mid-February—a tight timeline reflecting strategic urgency.

Bitcoin Corrective Phase Deepens as ETF Outflows Mount

Bitcoin's slide below $90,000 marks its seventh consecutive weekly decline, with the cryptocurrency failing to hold gains above the mid-$90,000s. The current trading range of $83,000–$96,000 reflects January's volatility, but the loss of the $90,000 support level signals mounting downward pressure.

Institutional demand wanes as spot Bitcoin ETFs record $1.22 billion in weekly outflows—the largest since November 2025. Historical data suggests such outflow spikes often coincide with local BTC price bottoms.

The 100-day moving average at $94,000–$96,000 now serves as critical resistance. This prolonged correction appears more characteristic of momentum unwinding than forced liquidation, with weaker hands exiting positions while long-term holders remain.

Bitcoin (BTC) Set for Explosive $100K Omega Surge

Bitcoin (BTC) has reclaimed center stage in ambitious market forecasts, with JAN3 CEO Samson Mow endorsing a prediction of a $100,000 price surge via a single 'Omega candle.' The bullish outlook, shared by 'Bitcoin Therapist' on X, suggests BTC could near $200,000, sparking speculation of a major bullish trend.

Mow, a longtime BTC advocate, has consistently predicted a $1 million valuation, citing institutional adoption, ETF inflows, and supply constraints from halving events. His initial expectations tied the surge to 2024's spot BTC ETF approvals and the fourth halving—a collision of demand and supply shocks he believes could trigger multiple Omega candles.

AI Faces Energy Backlash as It Repeats the Mistakes of Crypto Mining

Artificial intelligence, once hailed as a transformative force across industries, now faces mounting criticism over its colossal energy demands. From photo editing apps to voice assistants, AI's invisible infrastructure exacts a heavy toll—gigawatt-hungry data centers sparking grassroots resistance from Oregon to Georgia.

Local communities have blocked $64 billion worth of AI data center projects, drawing direct parallels to bitcoin mining's notorious energy appetite. Fermi America's proposed nuclear campus in Texas underscores the desperate measures required to power AI's insatiable servers. OpenAI's pledge to offset energy costs arrives as environmental concerns reach fever pitch.

The fourth industrial revolution meets physical limits. Where crypto miners once drew ire for straining power grids, AI developers now confront the same reckoning—proof that no technology escapes the fundamental constraints of energy economics.

Gold's Record Rally Contrasts With Bitcoin's Struggle as 'Digital Gold' Narrative Fades

Gold surged to a record $5,598/oz as investors flock to traditional safe havens amid macroeconomic uncertainty and dollar devaluation. The metal's rally highlights a growing divergence with Bitcoin, which continues to trade 30% below its all-time high despite earlier comparisons as 'digital gold.'

Market dynamics now favor hard assets over speculative crypto plays. While gold benefits from Fed policy expectations and geopolitical tensions, Bitcoin faces headwinds from regulatory scrutiny and waning risk appetite. The decoupling challenges Bitcoin's store-of-value thesis at a time when institutional investors are prioritizing tangible hedges.

Key drivers include the dollar's weakness fueling commodity demand, contrasting sharply with crypto's liquidity-sensitive profile. This divergence may force a reevaluation of Bitcoin's role in portfolio allocation strategies during periods of macroeconomic stress.

Gold Soars While Bitcoin Stalls: A Divergence in Safe-Haven Assets

Gold prices surged to a historic high above $5,300 per ounce, fueled by investor demand amid economic uncertainty. Meanwhile, bitcoin struggled to hold above $90,000, lingering in consolidation despite favorable conditions for risk-off assets.

The precious metal's rally reflects macroeconomic tailwinds—a weakening dollar and geopolitical tensions. Bitcoin's inability to break through key resistance at $90,500 signals technical stagnation, with analysts noting failed momentum during Wednesday's trading session.

This divergence highlights shifting perceptions: traditional safe havens attract capital while cryptocurrencies face skepticism. Market watchers await bitcoin's next catalyst, as gold continues its record run.

Dollar Volatility Sparks Crypto Rally as Bitcoin Tests $90K

Forex turbulence is fueling cryptocurrency momentum, with bitcoin piercing the $90,000 threshold amid a weakening dollar. Treasury Secretary Scott Bessent's ambiguous stance on dollar policy has created whipsaw action—initially spurring a 1% plunge to 2022 lows before a partial recovery.

The yen's sharp decline following denied intervention rumors highlights the fragility of fiat markets. Cryptocurrencies are capitalizing on this instability, with bitcoin leading the charge as a hedge against currency fluctuations.

Market mechanics suggest crypto traders are interpreting dollar weakness through two lenses: immediate trading opportunities and longer-term store-of-value narratives. This dual dynamic explains why bitcoin's price action remains detached from traditional risk assets during currency crises.

Bitcoin Mining Faces Grid Pressure as Winter Storm Disrupts U.S. Operations

U.S. bitcoin mining activity slumped this week as a severe winter storm forced power grid operators to ration electricity. Major mining pools like Foundry USA and Luxor saw hashrates plummet, with some facilities temporarily shutting down rigs to alleviate strain on local utilities. The disruption pushed Bitcoin block times above their 10-minute target and briefly depressed the network's overall hashrate.

"The most sophisticated Bitcoin miners are reacting within seconds to curtail and run their machine at a precise speed to maximize profit between revenue, power prices and grid servicing incentives," said Ethan Vera of Luxor Technology. The event highlights Bitcoin's vulnerability to physical infrastructure constraints, even as projects like Bitcoin Everlight develop transaction layers designed to operate independently of mining conditions.

Bitcoin’s Early Bull Signal Triggers Focus On $90K Zone

Bitcoin has entered a pivotal phase in its market cycle, marked by an earlier-than-expected bull signal. Analyst Rekt Capital notes the latest EMA crossover occurred in mid-Q1 2026, accelerating from previous cycles—Q4 2014, late Q3 2018, and early Q2 2022. This compression suggests evolving market dynamics, where liquidity and engagement shorten cyclical patterns.

Historical data reveals these crossovers often precede temporary pullbacks rather than immediate rallies. The weekly TEMA chart underscores Bitcoin’s mature uptrend, with corrections testing the moving average without derailing the broader bullish trajectory. Post-2020, these retracements have grown shallower, reflecting heightened market resilience.

Bitcoin's Market Signals Show Resilience Amid Economic Uncertainty

Bitcoin's coal mine canaries—traditionally early indicators of market stress—remain vocal but stable despite a backdrop of geopolitical tension, trade wars, and sluggish price action. Liquidity and credit gauges, including the Chicago Fed's National Financial Conditions Index (-0.590) and the St. Louis Fed Financial Stress Index (-0.651), suggest funding conditions remain looser than average, providing breathing room for risk assets.

The data implies Bitcoin's ecosystem is weathering macroeconomic crosscurrents, with ETF flows and Treasury dynamics acting as counterweights to broader unease. No immediate distress signals flash, but the canaries' persistent chirping warrants vigilance.

Will BTC Price Hit 90000?

Based on the current technical setup and market sentiment, a move to $90,000 is a plausible near-term scenario, but not a certainty. The technical data shows Bitcoin is consolidating below its 20-day Moving Average, which is a key level to watch. A clean break and close above this average around $91,285 would be a strong bullish signal, potentially opening the path to $90,000 and beyond toward the upper Bollinger Band near $97,269. The positive MACD suggests buyers are still active.

However, the news sentiment reveals significant headwinds. Large ETF outflows and rehypothecation fears create tangible selling pressure that could cap rallies. The convergence of technical resistance and mixed fundamental news suggests the price may struggle to break higher without a significant positive catalyst, such as a reversal in ETF flows or a broader market rally driven by dollar weakness.

FactorBullish SignalBearish SignalNet Effect
Price vs. 20-Day MAMACD remains positivePrice below MA indicates short-term weaknessNeutral to Slightly Bearish
Key LevelsSupport at $85,300 (Bollinger Lower)Resistance at $91,285 (MA) & $97,269 (Bollinger Upper)Consolidation Range Defined
Market NewsInstitutional buying (Metaplanet), $100K forecastsETF outflows, Rehypothecation fears, Mining issuesMixed with Negative Bias
Overall Probability of Hitting $90KModerate. Requires overcoming technical resistance at ~$91,285 and a shift in negative news flow. Watch for a sustained break above the 20-day MA.

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