Bitcoin's price remains near $90,000, a level roughly 30% below its October high of $126,000, according to recent market observations. The cryptocurrency has shown little movement, with buyers and sellers locked in a standoff.
The mining firm BitRiver, which tracks market flows, issued a prediction that prices may stay flat in the coming days. Miners are seen as key indicators because they detect network activity, selling pressure, and investor demand before changes appear on price charts.
Bitcoin has been in what analysts call a consolidation phase for about 195 days, one of its longest quiet stretches on record. This period is characterized by trading in a narrow range as participants await new information.
Institutional investors have withdrawn cash from spot Bitcoin ETFs, with $1.37 billion leaving between January 6 and 9 alone. The absence of fresh money from large players has contributed to fading price momentum.
External factors are also influencing the market. High interest rates make safe savings accounts more attractive, drawing funds away from risky assets like cryptocurrency. Additionally, rising global tensions have pushed capital toward gold, which recently surged above $4,500 an ounce.
BitRiver noted that many market players are refusing to make significant moves until equities pick a direction, explaining why Bitcoin often moves in tandem with stocks. When stock traders pause, crypto traders tend to wait as well.
On-chain data indicates reduced panic selling and less forced liquidation, signaling patience rather than market collapse. Bitcoin supply growth has slowed following the 2024 halving event, which cut new coin issuance in half.
Some forecasts remain optimistic. Analysts suggest Bitcoin could benefit if the U.S. dollar weakens or if institutions return through spot Bitcoin ETFs. A London-based crypto group predicts a strong move later in 2026.
Bitcoin remains volatile, with the potential for fast gains above $95,000 or sharp drops if global stress worsens. For beginners, experts advise learning market cycles, setting rules, and using strategies like dollar-cost averaging instead of chasing headlines.
For now, Bitcoin continues to wait. When money flows back into risk assets, periods of calm typically do not last long.