#Gate广场创作者新春激励 Review and Analysis of Bitcoin Market in January 2026
At the beginning of the new year 2026, Bitcoin started with a strong rally, sparking endless speculation, reaching close to $98,000. $100,000 seemed just a matter of time. Unexpectedly, an "unsuccessful" US-European trade war sharply pushed the Bitcoin price down to $90,000, once again reminding us of the true nature of the Bitcoin bear market. Next, let's analyze the current Bitcoin trend and the underlying capital movements.
I. Technical Support and Resistance
Technical analysis shows that Bitcoin traded at $93,054.98 on