According to projections attributed to ChatGPT, Bitcoin could trade between $95,000 and $120,000 on February 1, 2026, implying notable upside from the current level near $89,000. The model also outlines a downside scenario toward $75,000–$90,000 and a less likely bullish path as high as $150,000, while flagging near-term uncertainty over whether BTC can hold above $90,000 after a weekly drop of more than 6%.

Kansas lawmakers are reviewing Senate Bill 352, introduced by Senator Craig Bowser, to create a Bitcoin and digital assets reserve fund inside the state treasury. The reserve would be managed by the state treasurer and sourced from unclaimed digital assets, including airdrops, staking rewards, and interest, rather than direct Bitcoin purchases or taxpayer funds.

On January 23, 2026, Robert Kiyosaki said in an X post that he ignores price swings in Bitcoin, gold, silver, and Ethereum. He argued that rising U.S. national debt and declining dollar purchasing power matter more than short‑term volatility, so he keeps accumulating these assets regardless of day‑to‑day moves.

Bitcoin is trading around $89,000 with a 7% weekly decline and $39 billion in volume, while a 2‑day death cross pattern flashes on the charts. Analysts highlight a bear flag inside a long‑term rising wedge and outline downside targets between $40,000 and $62,000, even as some traders still expect a move above $100,000 before June 2026.

AccuWeather said on Thursday a winter system could stretch 1,800 miles from far west Texas to the mid-Atlantic and impact up to 60 million people, raising the likelihood that US Bitcoin miners will cut load. Bitdeer said it does not expect major interruptions and can reduce consumption if asked, while estimates put US miners at nearly 38% of global hashrate.

Peter Schiff argued on X that Bitcoin's best run ended once Wall Street embraced it, saying it has underperformed since. From 2024 into early 2026, institutions expanded with spot ETFs, new trading venues and custody, while BTC briefly touched $90,000 before pulling back. Debate now centers on whether this reflects underperformance or market maturity.

Bitcoin is trading close to $89,700–$90,000 as Strive outlines a follow-on Series A preferred stock offering of up to $150 million to cut debt, support operations, and potentially buy more BTC. At the same time, a pause in planned US tariffs on several European countries has supported risk assets, while Nomura's Laser Digital has rolled out a diversified yield-focused Bitcoin fund for accredited and institutional investors.

On January 23, 2026, Glassnode lead analyst James Check argued that fears over quantum computing are not the main driver of Bitcoin's recent price weakness, pointing instead to heavy selling from long-term holders. While Jefferies strategist Christopher Wood and other traditional finance figures have raised alarms about quantum threats to Bitcoin's elliptic curve cryptography and even removed BTC from portfolios, some Bitcoin-focused analysts such as Vijay Boyapati remain skeptical that quantum risk explains the current market slump. Bitcoin has been trading in a wide range between $87,000 and $97,000 and was around $89,800 at publication, still below its all-time high despite past forecasts that projected a move to $250,000.