Bitcoin opened 2026 round $87,500 forward of the 12 months’s first Wall Avenue buying and selling session, after a weak end to 2025.
Volatility alerts construct
Merchants highlighted a bullish divergence on the relative energy index (RSI) on three-day timeframes.
Jelle wrote on X that bitcoin had a “locked in 3-day bull div” sitting on key help, including that “$BTC appears to be like good for upside this quarter.”
Different analysts targeted on volatility measures.
Quantdata21 stated each day Bollinger Band width had tightened to a uncommon excessive whereas weekly RSI was under 40. They wrote:
“There is just one different event that each day bollinger band width has squeezed this tight with weekly RSI under 40. That was january 2023, and everyone knows what occurred to bitcoin from there.”
A purple post-halving 12 months
Bitcoin ended 2025 with its first purple 12-month candle in a post-halving 12 months, fueling debate about whether or not the four-year cycle nonetheless applies.
‘RIP’ to the four-year cycle
Simon Dixon, founder and CEO of Bitcoin safety firm Bnk To The Future, posted “RIP Bitcoin 4 Yr Cycle,” calling 2026 a “new period.”
Individually, dealer Michaël van de Poppe stated he anticipated a take a look at of $90,000 within the coming week.