Bitcoin (BTC) entered 2026 with a strong start, showing more than 7% gain over the past week. The asset is at around $93,600 at press time, rising 1% in the last 24 hours. Daily trading volume remains high at $51.5 billion.
On Tuesday morning, Bitcoin climbed to its highest level in nearly two months, nearing the $95,000 mark. Unlike previous moves, the weekend rally held through Monday, a change from recent patterns where gains were often erased quickly.
Price Moves Toward Key Resistance
Bitcoin has rebounded from the lower end of its weekly range near $86,200. This level has acted as a support area in the past. The price has now climbed to test the top of this range near $93,500. Analyst Rekt Capital pointed out that a close above this level would mark a potential breakout. The asset is currently trading above the range high, but the weekly close will be crucial.
Notably, the move also comes as BTC breaks above a downtrend line that has been in place since October 2025. This trendlin
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