Bitcoin Price Prediction: BTC breaks through $91,000, and $645M in ETF inflows signal a bullish trend

On January 2, cryptocurrency ETF inflows of $645.8 million reignited optimism in the digital asset market, bringing Bitcoin back into the spotlight. Concurrently, the total cryptocurrency market capitalization has reached $3.12 trillion, with daily trading volume approaching $75 billion, reflecting a sustained increase in institutional trading activity.

The Fear & Greed Index currently sits at 40 (Neutral), showing significant improvement from December's panic levels, while the Altcoin Season Index is at 25, confirming that the market is still in a Bitcoin-dominant phase. Analysts indicate that ETF demand is tightening supply amid thin liquidity, creating ideal conditions for price increases.

Bitcoin Technical Pattern: Triangle Breakout Points to $94,000

From a technical perspective, the Bitcoin price prediction appears to have turned bullish, as it has confirmed a breakout from a triangle pattern after a month-long consolidation. Breaking above $89,500 marks the end of the sideways movement in December and signals the start of a new upward trend.

The 4-hour chart shows Bitcoin trading around $91,260, displaying a trend of higher lows and rising trading volume. The 50-day moving average crossing above the 100-day moving average confirms strengthening upward momentum, while the Relative Strength Index (RSI) near 69 indicates controlled buying pressure, not yet in overbought territory.

Candlestick signals reinforce the bullish view, with a bullish engulfing candle breaking the resistance, followed by a spinning top at $92,000, suggesting a brief consolidation before a potential continuation of the rise.

Bitcoin (BTC/USD) Market Outlook: Targeting $94,000 and Beyond

If Bitcoin can maintain its position above $89,000, the next upside targets lie between $93,500 and $94,600—potentially reaching $98,000 within the coming weeks. However, a daily close below $88,400 could trigger a price drop and lead to short-term selling pressure. 

The current situation looks optimistic, as more ETF funds flow into the market and retail traders are re-entering. Of course, the lagging performance of altcoins isn't necessarily bad; it indicates a more mature bull market, not just frenzied speculation.

If this momentum continues, Bitcoin could soon target $100,000 in Q1 2026—supported by all the new ETF capital and the fact that significant macro trends are beginning to favor digital assets.

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