Bitcoin Price Outlook for 2026: $89,700 Range, Triangle Compression and Key Levels up to $97,000

As 2026 opens, Bitcoin is trading around $89,700, consolidating after December's volatility while buyers repeatedly defend support between $88,000 and $88,500. Technicals on the 2-hour chart show higher lows, clustered EMAs near $88,500–$89,000 and a resolved symmetrical triangle pointing to either a move above $90,500 toward $93,500–$97,000 or a reset toward $85,800 if the upper $80,000s give way.