At the Friday Wall Street open, according to TradingView data, Bitcoin stayed under $90,000 while gold touched $4,967 and silver approached $100. Traders focused on the 2025 yearly open at $93,500 and key pivots at $86.8K and $91K, as Capriole founder Charles Edwards outlined a $12,000–$23,000 gold path over 3–8 years.

Onchain data from 2024 and 2025 shows that Bitcoin long-term holders with coins dormant for at least two years have revived more supply than in any prior cycle. Analysts note that this wave of selling, which intensified once BTC passed $40,000 and continues into early 2026, differs from the 2017 and 2021 bull markets because it involves significantly older coins and less speculative momentum. They suggest Bitcoin may be entering a new phase marked by a shift in who holds BTC and for what reasons.

Bitcoin fell to an eight-day low before the first U.S. stock session of the week, with trading data showing a renewed move toward $90,000 after a failed breakout from its recent range. Analysts highlighted a new death cross between the 21-week and 50-week SMAs and pointed to key levels around $93,500, $87,000 and a potential drop toward the $58,000–$62,000 zone.

On Nov. 21, 2026, onchain research suggested Bitcoin could still be in a bear market despite a 21% price rise since late November 2025. BTC has bounced from lows near $80,500 to about $97,900, but remains under its 365-day moving average at $101,000, a level analysts view as critical for confirming a more durable recovery. The study also highlighted rising exchange inflows around 39,000 BTC on a 7‑day basis, indicating potential selling pressure ahead.

At Thursday's Wall Street open, Bitcoin fell below $96,000 amid headlines suggesting easing U.S.–Iran tensions. TradingView data showed a low at $95,563, with traders watching $94,000 as near-term support alongside the 200‑day EMA around $99,555 and a weekly close target near $93,500.

On Monday, Bitcoin underperformed gold and silver in what some analysts describe as the debasement trade, with BTC trading near its lowest level against gold in two years. Investment specialist Karel Mercx argued that investors now favor physical precious metals over Bitcoin as a hedge against fiat currency dilution, while gold also strengthens against the S&P 500. Other crypto commentators warned that Bitcoin’s market needs a stronger breakout as gold and silver notch fresh all-time highs.

Fidelity's Jurrien Timmer identifies $65k as Bitcoin's critical "line in the sand," with the power-law trendline near $45k if 2026 becomes a consolidation year. On January 10, 2026, David Eng argued bear markets persist as cycles lengthen and volatility eases, adding that compressed readings imply price must catch up.

According to TradingView data, large Bitfinex accounts reduced Bitcoin long exposure after a late-December peak near 73,000 BTC. X commentator MartyParty links the unwind to a Wyckoff-style spring and cites a potential move toward $135k, while CryptoQuant reports whale balances declined by over 200,000 BTC over the past year.

Trader BitBull says Bitcoin's weekly RSI broke its downtrend in December, pointing to a potential move to $103K–$105K within three to four weeks. James Easton notes the two‑week RSI has flipped bullish at levels below late‑2022, while Skew flags a passive seller near $91,500 as BTC attempts to hold $90,000 support.