Charles Schwab Plans Bitcoin Spot Trading Launch in 2026
- Future Outlook: CEO Rick Wurster of Charles Schwab anticipates launching Bitcoin spot trading in the first half of 2026, reflecting optimism about Bitcoin's future performance despite unresolved macroeconomic details.
- Rising Client Interest: As Schwab prepares for Bitcoin trading services, market participants have shown increased interest in crypto assets, with notable rises in client platform visits and crypto holdings, indicating a growing acceptance of digital assets by financial institutions.
- Market Dynamics: As of January 1, 2026, Bitcoin's price stands at $87,883.45 with a market cap of $1.76 trillion, and despite a 27.86% decline in recent months, Schwab's plans could drive broader adoption of cryptocurrencies.
- Industry Trends: Schwab's initiative aligns with the trend of a 50% price increase following the introduction of Bitcoin ETFs by major financial players in 2024, suggesting that institutional interest in the crypto market is strengthening, potentially leading to significant shifts in the financial landscape.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36103.299 | 48051.65 | 60373.319 | 72321.67 | 84643.339 | 96591.69 | 108913.359 |
| Fibonacci | 48051.65 | 57322.797 | 63050.522 | 72321.67 | 81592.817 | 87320.542 | 96591.69 |
About BTC
About the author
