The first half of January 2026 has been a rollercoaster for Bitcoin (
$BTC ). After hitting an all-time high of approximately $126,198 in late 2025, the market has entered a sophisticated consolidation phase. As of today, January 12, 2026,
$BTC is trading around the
$USDC 90,700 mark, showing a modest recovery from recent volatility.
Here is a breakdown of what you need to know about the current BTC/USDT price action on Binance.
📊 Technical Landscape: The Battle for $90,000
The $90,000 level has shifted from a psychological barrier to a critical support zone. Bulls are fighting to maintain this floor to prevent a deeper correction toward the 2025 reaccumulation zones.
Key Resistance: $91,500 – $92,000. A daily close above this range is essential to reclaim bullish momentum.
Key Support: $89,600 – $90,000. If this level fails, the next major "defense line" sits at $87,000.
Indicators: The 4-hour RSI is currently hovering near the 50 neutral zone, suggesting a period of equilibrium. Traders are looking for a volume breakout to confirm the next direction.
🌎 Macro Drivers & Market Sentiment
Several factors are currently influencing the BTC/USDT pair:
ETF Dynamics: While 2025 saw massive inflows, January 2026 has started with "moderate" capital movement. Institutional demand remains steady, but the "frenzy" phase has cooled into an accumulation phase.
Monetary Policy: Markets are pricing in a potential rate pause from the Fed. In the crypto world, "no news" often leads to sideways "crab" price action as liquidity stabilizes.
On-Chain Health: Long-term holders remain resilient. Despite the pull-back from $120K+, the supply on exchanges continues to sit at multi-year lows.
💡 Trading Strategy for Binance Square Users
For Scalpers: Focus on the $90,200 – $91,800 range. Look for "quick in and out" opportunities using tight stop-losses near $89,500.
For Swing Traders: The $89,000 zone offers a compelling entry for those targeting a return to $95,000+.
Long-term Outlook: Most analysts remain firmly bullish for the remainder of 2026, with targets ranging from $110,000 to $150,000 as the global liquidity cycle matures.
What’s your move? Are you accumulating at $90k or waiting for a deeper dip? Let us know in the comments below! 👇
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