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Bitcoin retreats below $91,000 after $95,000 resistance rejection on 3% intraday drop
On January 7, 2026, Bitcoin slid to lows of $90,986 after facing rejection near the $95,000 resistance, before recovering to around $91,300. The move followed earlier gains tied to MSCI's decision not to remove certain crypto-treasury firms from its benchmarks and news of Morgan Stanley's spot Bitcoin and Solana ETF filing. Technical indicators on the 4-hour chart suggest sellers currently have an advantage, with key levels now clustered around $90,000 support and potential upside toward $95,000 and $100,000.