Bitcoin Holds Above $90K, Market Sentiment Improves
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 12 2026- Market Sentiment Improvement: Bitcoin's price remains above the crucial support level of $90,000, with increased short-term trading activity forcing over-leveraged traders to close positions, thereby stabilizing the market and raising the likelihood of upward price movement.
- Price Volatility Analysis: Recent price jumps are primarily attributed to traders closing positions rather than new buyers entering the market; however, macroeconomic factors such as interest rates, stock market sentiment, and Bitcoin ETF inflows continue to play a significant role.
- Technical Outlook: Bitcoin is consolidating within the low-to-mid $90,000 range, and a breakout above the $94,000-$95,000 resistance zone, along with a weekly close above the 50-day moving average, would provide confirmation for potential upward momentum.
- Emerging Competitor Spotlight: Remittix, a payments-first altcoin, is launching a low-cost crypto payment infrastructure globally, which is expected to enhance real-world utility and liquidity in the crypto space, potentially reshaping market dynamics.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
