Bitcoin surpassed $91,000 for the primary time in 2026 and since Dec. 12. Bitcoin reached a excessive of $91,764 on Sunday as merchants prolonged the early 2026 rebound throughout main cryptocurrencies as threat urge for food improved.
On the time of writing, Bitcoin was up 1.72% within the final 24 hours to $91,192 and up 3.8% within the final seven days.
Whereas merchants are awaiting what comes subsequent within the markets, neighborhood analyst at on-chain analytics platform CryptoQuant Maartunn hints that the following few hours until Sunday’s shut is perhaps essential to look at.
Based on Maartunn, Sunday nights can carry volatility. Some situations have seen costs rise on Sundays just for the markets to reverse, plunging most belongings into losses.
Maartunn famous an exception to final two Sundays, which had been comparatively flat with not a lot to commerce on. Will probably be watched to see if Sunday’s volatility pattern as highlighted will play out, with the following few hours being watched.
Volatility coming?
Bitcoin has traded in a good vary between $85,000 and $90,000 in latest weeks. Because of this, the hole between its Bollinger Bands, volatility bands positioned two commonplace deviations above and under the 20-day MA, has narrowed.
Bollinger Bands’ squeeze typically suggests a low-volatility interval by which the market is constructing power for the following huge transfer. Historical past confirms large value swings typically observe these squeezes.
This newest squeeze, nevertheless, requires dealer vigilance as costs might quickly transfer quickly in both route, up or down.
The subsequent main resistance goal for Bitcoin lies barely under $107,000 after which above $116,000, whereas assist is anticipated close to $83,000.
Bitcoin just lately marked its seventeenth anniversary; on Jan. 3, 2009, the Bitcoin community was born when Satoshi Nakamoto mined the Bitcoin genesis block. Embedded on this block was the textual content “The Instances 03/Jan/2009 Chancellor on brink of second bailout for banks,” which is the date and headline of a problem of The Instances newspaper.