Bitcoin Price Holds Steady in Early 2026 Amid ETF Outflows and Key Resistance Levels
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 09 2026- Price Volatility Analysis: Bitcoin has started 2026 trading within a range around $90,000, facing key resistance at $94,500 and support at $85,300, indicating market hesitation regarding short-term trends.
- ETF Outflow Impact: This week, Bitcoin and Ethereum ETFs experienced outflows of $400.2 million and $159.9 million respectively, signaling reduced institutional demand in the short term, which adds downward pressure on Bitcoin prices.
- Market Sentiment Observation: The market remains in a wait-and-see mode, with momentum indicators suggesting potential short-term relief bounces; however, any upward movement is limited due to a lack of strong trading volume.
- Employment Data Focus: The upcoming U.S. unemployment rate data, expected at 4.5%, is viewed as a key catalyst that could influence Bitcoin and other risk assets, particularly if a higher-than-expected figure fuels rate-cut expectations.
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.
