The Real Reason Behind Bitcoin’s Sudden Strength
Posted On January 6, 2026
Bitcoin (CRYPTO: BTC) is holding near the $93,000 level following a weekend rally, as political developments in Venezuela lifted broader risk sentiment across markets.
What Happened: Bitcoin is entering early 2026 in a stabilization phase after its Q4 drawdown, consolidating between the low-$80,000s and mid-$90,000s.
Glassnode data shows momentum and liquidity conditions are improving:
- RSI is rebounding
- Spot selling pressure is easing
- Derivatives positioning is rebuilding in a more measured manner
Institutional interest has returned via positive U.S. spot Bitcoin ETF …
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