Bitcoin (BTC) hit new 2026 highs on Monday’s Wall Street open amid concerns over thin market liquidity.
Key points:
Bitcoin joins stocks and gold with early-year gains as geopolitics rewards asset holders.
BTC price analysis sees a “clear-cut breakout” over the next week.
Concerns over a lack of market engagement form the basis for bearish prognoses.
Bitcoin seeks new monthly highs on Venezuela
Data from TradingView confirmed a new year-to-date BTC price peak of $94,026 on Bitstamp.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
US stocks gained at the start of the week, continuing a positive reaction to the US operation in Venezuela.
Both the S&P 500 and Nasdaq Composite Indexes were up 1% at the time of writing, while spot gold added more than 2.5%, hitting highs of $4,455 per ounce.
“Asset owners keep on winning,” trading resource The Kobeissi Letter wrote in a reaction on X.
XAU/USD one-day chart. Source: Cointelegraph/TradingView
Bitcoin itself has built on its highest levels since Dec. 11, passing the 50-day exponential moving average (EMA) and $91,600, and the 2025 yearly open at $93,500.
BTC/USD one-day chart with 50EMA. Source: Cointelegraph/TradingView
“Good to see $BTC finally showing a bit of strength,” trader Max Rager commented in his latest X analysis.
“Retesting the 2025 yearly open and a major level for Bitcoin price over the past year. Would like to see a break and hold above $94k and then could see a push back over $100k.”
Commentator Exitpump said that further upside would “depend on spot buyers.”
$BTC Market took the opportunity to pump the price at the daily open when large asks got removed hence orderbook based indicators turned green with some chasing bids being added as well. Now continuation will depend on spot buyers. pic.twitter.com/YzqbC7oDlE
— exitpump (@exitpumpBTC) January 5, 2026
“Final hurdle before $100K: that’s where Bitcoin is currently at,” crypto trader, analyst and entrepreneur Michaël van de Poppe wrote earlier.
“I wouldn’t expect a clear-cut, immediate breakout; however, I do expect to see it happen in the coming week. The year…..
