Bitcoin price today 07/01/2026: BTC falls to US$92 as traders analyze the price.

• Bitcoin is currently trading at US$92.095, down 2%.
• Altcoins like Ethereum and BNB continue to rise.
• Crypto market capitalization falls by US$25 billion.

Bitcoin today, January 07, 2026, is trading near US$92.095,22, down about 2% in the last 24 hours, reflecting a movement marked by strong volatility. The cryptocurrency came close to US$95 on Monday before facing rejection and retreating significantly.

In the first days of the year, BTC surpassed $93.000, reaching a multi-week high, but failed to sustain the momentum. Rejection near the $94.500 range triggered a drop to $91.500, followed by a slight recovery. Currently, the asset fluctuates below $93, with a market capitalization of around $1,85 trillion.

Meanwhile, Ethereum (ETH) rose about 1%, trading at $3.250, and BNB reached $920. SOL also advanced, trading at $140, and XMR surpassed $455, showing strength among large-cap altcoins.

Cryptocurrencies in Focus Today: The RAIN token, which led the day's gains along with the M asset, both registered significant appreciation. In contrast, ZEC, XLM, and SIU showed modest declines compared to other altcoins.

XRP, on the other hand, experienced more volatile movement. Ripple's token reached a level above $2,40, its highest in months, but quickly retreated and is now finding support around $2,28, accumulating a loss of approximately 6% in the last 24 hours.

Bitcoin's dominance also declined, falling to 56,5%, at a time when the altcoin market is starting to gain ground. With profit-taking and technical movements, the total cryptocurrency market capitalization fell to $3,275 trillion, after losing about $25 billion in the last day.

Trader sentiment: Will Bitcoin go up or down today?

Amidst price fluctuations of Bitcoin today, which is quoted at US$ 92.095,22 with a fall of 2% in the last 24 hoursCrypto market analysts have expressed differing perspectives on the direction of the leading cryptocurrency. Although opinions vary, there is a common thread among traders: the timing is crucial.

Altcoin Sherpa He demonstrated caution when analyzing the chart in shorter timeframes. For him, the complete reversal of the previous movement raises concerns:

“Again, I’m not a big fan of the fact that we’ve retraced all of yesterday’s movement. I still see this region as a key area, as well as the lower $91 region in general; it’s a high-volume point in the volume profile. Typically, these are good support/resistance points. Overall, I’m quite uncertain about where we’re going in the short term.”

His view highlights the importance of highly liquid areas as potential support, but indicates a lack of clarity about the next move.

TedOn the other hand, there is more optimism regarding the sustainability of the current support levels and a view of potential for a renewed upward trend given favorable macroeconomic news.

"Bitcoin attempted to reclaim the range between $94.000 and $95.000, but failed."
The good news is that Bitcoin is still above the $92.000 level.
With the optimistic announcement from MSCI, I believe BTC could recover to that level soon.

Ted suggests that, despite the technical rejection, the asset maintains a healthy structure, with the possibility of advancement given positive external factors.

$ BTC tried to reclaim the $94,000-$95,000 level but failed.

The good thing is that Bitcoin is still holding above the $92,000 level here.

With the MSCI bullish announcement, I think BTC could reclaim this zone soon.

— Ted (@TedPillows) January 7, 2026

Yes, Quinten (048.eth) maintains a technical reading based in a bullish continuation chart pattern:

"The ascending BTC triangle is still in play 📈"
I expect Bitcoin to test $89 first and then go back to testing $94.
When we test the $94 mark again, it will be the fourth breakout attempt, so I believe it will happen.
The $100 will come shortly after the breakdown of this ascending triangle.”

He is betting on a classic technical pattern, which suggests consolidation before a possible break through resistance towards new historical levels.

Michael van de Poppe published two complementary analyses in the last 24 hours. In its first observation, it dismissed fears of a trend reversal:

No, the bear market did not continue in the markets.
Bitcoin just had a strong start to the year and is now facing crucial resistance.
Things can cool down for a day, that's okay.
It is still moving above the 21-day moving average, and Ethereum and altcoins continue to show strength.
Everything is fine."

Yes, reject at that resistance zone, pull back and hold above the 21-Day MA, and then proceed towards $100K.

That is the main scenario for me # Bitcoin and continues to be.

- Michaël van de Poppe (@CryptoMichNL) January 6, 2026

Later, he reinforced his main scenario, suggesting that the current movement is just a pause before a larger rally:

"Yes, rejection in this resistance zone, pullback and hold above the 21-day moving average, and then move towards $100."
This is the main scenario for me with Bitcoin, and it continues to be.”

Van de Poppe remains confident in a broader upward trend, provided the moving average technical support is respected.