Bitcoin’s Rise in Early 2026
Bitcoin is experiencing a significant increase in its value as 2026 kicks off, driven by substantial ETF inflows and a new influx of liquidity. On Tuesday morning, Bitcoin is trading around $93,800, maintaining a streak of daily gains throughout the year.
Nick Pucklin, co-founder of Coin Bureau, mentioned to Sherwood News that, despite some developments in Venezuela, Bitcoin is rebounding along with precious metals. However, he suggested that this may not hold true across the board.
“Bitcoin was quite oversold last year, and I think we’re seeing a recovery as investors adjust their portfolios,” he noted. Still, he pointed out that trading volumes have not yet picked up significantly.
“More improvement is necessary to confirm that this upward trend has real strength. For now, it might be more of a temporary rebound rather than a long-lasting change in momentum,” Pucklin added.
Timothy Misil, with the Blockhead Research Network, shared a similar view, emphasizing that the market appears to be stabilizing rather than rapidly accelerating.
“In the coming weeks, we’ll see if the new investments lead to sustained momentum or if prevailing market forces continue to dominate price movements,” Misil stated.
This past Monday, Bitcoin ETFs noted their largest inflows since early October, totaling $697.25 million, with BlackRock’s iShares Bitcoin Trust contributing the biggest share of $372.4 million.
Additionally, there’s a sense of optimism reflected in the CoinMarketCap Fear and Greed Index, which reached 49, the highest since early October when the cryptocurrency sector saw major liquidations.
Gracie Chen, CEO of BitGet, pointed out that for Bitcoin’s short-term outlook, a crucial level to monitor is $107,500, where a structural collapse might occur. If Bitcoin can consolidate above that point, she suggested, “BTC could keep rising toward new all-time highs, whether through a pullback or not.”
Looking ahead, VALR CEO Farzam Ehsani remarked that Bitcoin’s sideways movement during record surges in gold and silver feels like a calm before a storm, typically signaling a rally in the broader cryptocurrency sector. Once the precious metals market calms down, an aggressive price increase for Bitcoin may follow.
“The end of the precious metals market could ignite a significant reaction,” he explained. Ehsani predicts Bitcoin could reach $130,000 in the first quarter of 2026, potentially exceeding $200,000 if precious metal prices revert to early 2025 levels.
