On 11 January 2026, the United Arab Emirates was highlighted as one of the governments actively sponsoring Bitcoin mining, using its natural gas resources to power state-linked facilities. Reports state that these operations, conducted through Citadel Mining, have accumulated over 6,300 BTC while operating under a framework that treats mining as strategic infrastructure but enforces strict land-use and energy regulations. The UAE’s strategy places it alongside countries such as El Salvador, Bhutan and Iran, which also integrate Bitcoin mining into broader energy and economic policies.

Binance founder Changpeng Zhao stated on Twitter that major US banks are "loading up" on Bitcoin as retail investors sell. Reported positions include Wells Fargo's $383 million BTC purchase, Morgan Stanley's $270 million in GBTC, and Goldman Sachs holding $1.3 billion in BlackRock's ETF plus $300 million in Fidelity's product.

Bitcoin is trading around the $90,000 area while on-chain indicators point to weak U.S. spot demand and ongoing selling from American investors over the past month. Data tied to Coinbase shows a mostly negative Bitcoin Premium Index, with only a brief positive blip during a short move above $94,000 before slipping back. At the same time, global liquidity has been flat in recent weeks, though expectations for looser central bank policy in 2026 are building and could later support Bitcoin.

On January 11, 2026, reports indicated the UAE began government-sponsored Bitcoin mining powered by its natural gas. CZ, founder of Binance, said on social media the country has been mining "for a while." In August 2025, Arkham Intelligence reported roughly 6,300-6,450 BTC worth $700 million were accumulated via state-backed operations through Citadel Mining.

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.

On Jan. 10, 2026, Michael Saylor echoed Hal Finney's Jan. 11, 2009 Running bitcoin tweet by posting the same phrase on X. Strategy, formerly known as MicroStrategy, holds 673,783 BTC acquired at an average price of $75,024, valued at over $61.16 billion with a 20.98% unrealized gain.

As of early 2026, Bitcoin's weekly RSI sits in the low 30s with price near $80,000, according to the analysis. Two 2025 pullbacks followed bearish divergences, and traders are watching $98,000 (0.382) and $103,000 (0.5) as retest zones, while $91,000–$93,000 may act as a front-run retest if momentum stays weak.

On 11 January 2026, veteran fund manager Larry Lepard argued that subtle Federal Reserve balance-sheet expansion since late 2025 is quietly adding liquidity through reserve management rather than overt quantitative easing. He believes this "gradual print" environment, also described by macro analyst Lyn Alden, could favor scarce assets such as Bitcoin over time as investors seek protection from currency dilution.