Monat: Januar 2026

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Bitcoin price slips below $91,000 after $95K rejection as bears regain control

  • Bitcoin price saw a slight dip and sat near $91,300 at the time of writing.
  • Gains on Tuesday followed bullish news from the MSCI.
  • Will BTC bounce to reclaim $94,000, or will another rejection push prices under $90,000?

Bitcoin slipped to below $91,000 after hitting a fresh rejection near the $95,000 resistance level.

The decline came amid a 3% dump for the bellwether cryptocurrency in the early US trading session on January 7, 2026.

Market data shows the price of Bitcoin fell to lows of $90,986 across major exchanges. However, bulls were showing resilience as the price moved back above $91,300 at the time of writing.

Mixed market sentiment as Bitcoin slips to $91k

Bitcoin price faced renewed selling pressure on Wednesday as bearish forces regrouped and looked to regain control after the crypto market’s brief rally.

On Tuesday, Bitcoin had jumped to near $95,000 before hitting a fresh rejection.

The dip to under $91,000 showed a mixed market outlook regarding the MSCI announcement that the index provider would not remove Strategy and other digital asset treasury companies from its benchmarks.

As seen across the market, this decision alleviated fears of forced selling by passive funds, sparking optimism and contributing to BTC’s temporary pump.

Morgan Stanley’s filing for spot Bitcoin and Solana ETFs also acted as a fresh tailwind.

However, amid outflows from spot Bitcoin ETFs, the positive sentiment soon gave way to some jitters. Bulls showed hesitation as investors weighed what the MSCI planned ahead of the upcoming review.

While many celebrated the news, some pointed to what the index noted.

CryptoQuant analyst Maartunn shared this cautious outlook via X:

“MSCI didn’t reject the idea of excluding crypto-heavy firms. They’re just delaying the decision and plan a broader review of investment-style companies,” he posted. “This feels more like a warning shot than a green light.”

Bitcoin price jitters

Bitcoin’s next move will be key for both bulls and bears.

Trading volumes have remained elevated in the past 24 hours, despite overall weakness and macroeconomic readings. A rebound from the pullback will accelerate a new rally.

But persistent bearish pressure could yet lead to another rejection. The RSI and MACD indicators on the 4-hour chart suggest sellers have an upper hand.

If prices slip under $90,000, a deeper correction may mean a revisit of support at $87k and then $85k.

Bitcoin Chart
Bitcoin 4-hour chart by TradingView

In the short term, the $91,000 zone will act as a pivotal support.

An uptick and decisive close above $92,500 could signal renewed bullish conviction, potentially opening the door for a bullish retest of $95,000 and higher targets toward $100,000.

 

The post Bitcoin price slips below $91,000 after $95K rejection as bears regain control appeared first on CoinJournal.

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Cardano price prediction: ADA eyes $0.50 despite market correction

Key takeaways

  • ADA is trading at $0.40 after losing 5.5% of its value in the last 24 hours.
  • The altcoin could rally towards $0.50 if the bullish trend resumes. 

ADA could slip below $0.40

The cryptocurrency market is undergoing a correction following a strong start to the week. Bitcoin has dropped below $92k, while Ether is trading below $3,100 per coin.

ADA, the native coin of the Cardano blockchain, has lost 5% of its value in the last 24 hours and is now trading above $0.40. However, it could still rally higher in the near term amid strong fundamentals. 

The rally could be fueled by growing Open Interest. According to CoinGlass, ADA’s OI now stands at $796 million, up from the $662 million recorded a week ago. The growing OI hints at the possibility of ADA’s price rallying higher in the near term. 

The confidence encourages retail investors to lean into risk, which contributes to buying pressure.

ADA eyes $0.50 despite market correction

The ADA/USD 4-hour chart remains bullish and efficient despite the recent bearish performance. At press time, ADA has dropped below the 50-day Exponential Moving Average (EMA) of $0.43 and is now trading at $0.403.

Despite that, the coin’s short-term outlook remains bullish, supported by the Moving Average Convergence Divergence (MACD) indicator, which has maintained a positive divergence over the past few days. 

ADA/USD 4H Chart

The RSI of 64 also shows buying pressure has resumed, with the coin set to enter the overbought region if the bullish bias remains. 

If the bulls regain control, ADA could rally past the 100-day EMA resistance at $0.505. An extended rally could see ADA challenge the 200-day EMA zone at $0.593.

However, if the correction persists, ADA could retrace below the $0.40 level and retest the $0.3827 support.

The post Cardano price prediction: ADA eyes $0.50 despite market correction appeared first on CoinJournal.

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PUMP eyes rally as DEX volume surges: Check forecast

Key takeaways

  • PUMP is up 30% in the last seven days as the crypto market rebounds from the December lows. 
  • The Pump.fun native token could surge higher in the near term amid growing DEX volumes. 

Memecoin demand pushes PUMP above $0.02

PUMP, the native token of the Pump.fun, is up by 30% in the last seven days, making it one of the top performers among the leading 100 cryptocurrencies by market cap. The rally comes amid growing demand for memecoins.

The rally also resulted in Pump.fun’s DEX volume hitting $1.28 billion on Monday, up from the $805 million recorded on Sunday. 

The token has appreciated in recent days thanks to meme coin-driven trading activity in several ways, including token buybacks that depend on revenue generated. The DEX allocates nearly 100% of revenue to the token buyback program, which is expected to build long-term value for PUMP. 

Furthermore, retail interest in PUMP has increased in recent days. According to CoinGlass, PUMP’s futures Open Interest (OI) averaged $231 million on Tuesday, up from approximately $207 million on Monday and $150 million on last Thursday. This suggests that traders are confident PUMP has the potential to sustain a short-term recovery.

PUMP eyes recovery above $0.0032

The PUMP/USD 4-hour chart is bullish and efficient as the token has added 30% to its value in the last seven days. At press time, PUMP is trading above $0.0023 and could rally higher in the near term.

The Moving Average Convergence Divergence (MACD) indicator on the 4-hour chart supports a bullish bias. The RSI also reads 61 and is heading into the overbought region if the bullish trend continues. 

PUMP/USD 4H Chart

If the bulls remain in control, PUMP could rally towards the 50-day Exponential Moving Average (EMA) at $0.002992 to ascertain its recovery potential and encourage traders to increase exposure. The next major resistance level stands above the 100-day EMA at $0.0032.

However, if the bears regain control, PUMP could undergo a slight correction towards the $0.0020 psychological level.

The post PUMP eyes rally as DEX volume surges: Check forecast appeared first on CoinJournal.