#My2026FirstPost Bitcoin Market Update — January 12, 2026

Bitcoin is experiencing a slight correction today, trading at $90,598.9, down $437.9 from the previous day, representing a 0.48% decrease. In the short term, price movement remains relatively stable: a 1-day decline of 0.48%, almost flat over the past week with just a 0.02% drop, but showing a 1-month cumulative decrease of 1.52%. Medium- to long-term trends show continued pressure, with 3-month, 6-month, and 1-year declines of 19.74%, 21.89%, and 4.35%, respectively. Despite short-term fluctuations, Bitcoin maintains strong long-term growth, up 137.22% over the past five years.
Trading Range & Market Activity
Today, Bitcoin’s price fluctuated within a narrow range of $90,503.3 to $90,656.2, signaling cautious market sentiment. Its 52-week price range remains broad, spanning $49,486.9 to $126,186.0, placing the current price in the upper-middle range. 24-hour trading volume stands at $38.08 billion USD, with a market capitalization of $1.81 trillion USD, maintaining its position as the leading cryptocurrency.
Technical Analysis
Short-term indicators show correction pressure, with 30-minute, 1-hour, and 5-hour cycles all signaling "sell". Daily chart indicators are now neutral, while the weekly chart remains a "sell", and the monthly chart is neutral. Historical context: on December 2, 2025, Bitcoin closed at $91,287.60, opening at $86,315.20, reaching a high of $92,285.40 and a low of $86,189.80, with a trading volume of 87,356 BTC.
Key technical levels indicate that $90,000 remains a crucial support zone. Overall, the technical rating is "sell", with moving averages also signaling downward pressure, suggesting short-term bearish sentiment may continue until clear support holds.
Outlook
Traders should monitor the $90,000 support level closely. While short-term corrections are evident, Bitcoin’s long-term fundamentals remain robust, and a consolidation near this level could set the stage for the next potential upward move.
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