## Bitcoin Breaks Technical Barriers in January: Will This Be the Time It Reaches US$ 100,000?

The leading cryptocurrency started 2026 with renewed strength, surpassing the US$ 94,000 mark and consolidating a rally that resonates across global markets. Recent data indicate that BTC traded around US$ 96,650, advancing 1.57% in the last 24 hours. The unstable geopolitical scenario—particularly military operations affecting the American region—has reignited demand for safe-haven assets, benefiting both gold (which jumped above US$ 4,455 per ounce) and scarce-backed digital currencies.

## Corporate Thesis Strengthens Market Foundations

What draws attention at this start of the year is the aggressive stance of mega-corporations. The largest Bitcoin holder in the global market has intensified its purchases, acquiring approximately 1,283 units for about US$ 116 million, raising its portfolio to 673,783 BTC—a market position valued at US$ 62.6 billion. The average purchase price remains at US$ 75,026 per coin, reflecting a disciplined accumulation strategy over the years.

Alongside this, the company has bolstered its dollar reserves, reaching US$ 2.25 billion in strategic cash. This liquidity is crucial for honoring financial commitments and maintaining a recurring purchase strategy without interruptions caused by short-term volatility. In the corporate sphere, publicly held Bitcoin owners worldwide already hold approximately 1.09 million units—equivalent to 5.21% of the total circulating supply. The Japanese company Metaplanet, for example, has established itself as the fourth-largest public holder with 35,102 BTC valued at around US$ 3.25 billion.

## Technical: Breaking Critical Resistance Levels

From a chart perspective, Bitcoin has surpassed key levels, including the 50-day exponential moving average and the 2025 opening level (US$ 93,500). Technical analysts suggest that staying above US$ 94,000 is decisive: if support is maintained with robust volume, the next natural target would be the psychological six-figure barrier.

The 12-hour structure shows recovery in bullish momentum, indicating that the selling bias that marked the end of 2025 may be dissipating. Market observers say this week will be crucial to validate whether the breakout is sustainable or just a temporary "bull trap." The US$ 94,000 level acts as the final obstacle before US$ 100,000—a floor that, once maintained, could trigger new buying interest.

## The Paradox of Depth: Volume versus Optimism

Not everything shines on the technical radar, however. On-chain analysis veterans warn of underlying fragility: order books show reduced liquidity, and spot trading volumes reach levels not seen since late 2023. The relationship between nominal price strength and actual market depth remains unbalanced.

Experienced observers suggest that an upward push is feasible in January due to seasonal factors, but its continuation requires genuine network engagement—more on-chain transactions and participation from real buyers, not just speculation. Without this solid foundation, any price movement remains vulnerable to quick reversals if the external macroeconomic context changes.

## Corporate Reflections and the Risk Equation

The mega-accumulating corporation faced an unrealized accounting loss of US$ 17.4 billion in Q4 2025, a direct result of the 23% devaluation Bitcoin suffered at the end of the previous year. To mitigate the fiscal impact, it recorded a deferred tax benefit of approximately US$ 5 billion.

Its shares reacted with optimism at the opening of this Monday, rising 4.8% and surpassing US$ 160 per share. However, the asset has fallen over 58% in the one-year period, demonstrating the inherent volatility of business models fully exposed to crypto assets. This dynamic reflects both the potential and the risk concentrated in this corporate bet.

## The Scarcity Thesis as a Foundation

Corporate advocacy around Bitcoin rests on the perception of absolute scarcity—a narrative gaining traction as more institutions concentrate their positions. Coordinated accumulation, even if decentralized, creates a multiplier effect on perceived value and future demand. The geopolitical instability scenario only reinforces this logic: in times of uncertainty, real and scarce assets tend to appreciate.

Stock markets like the S&P 500 and Nasdaq rose about 1% in the first trading days of 2026, while gold surpassed US$ 4,455—both signaling appetite for protection in turbulent times. In this context, Bitcoin follows the same trajectory.

## Perspective: What to Expect in the Next Trading Sessions

The rally's sustainability will crucially depend on two factors: consistent volume in the spot market and strong defense of critical levels (especially US$ 94,000). Analysts identify this week as a key period to validate whether the movement is genuine momentum or a temporary correction.

The US$ 100,000 level remains an implicit target on institutional buyers' radar. If reached, it will not only mark a nominal record but also reaffirm the scarcity thesis underpinning the argument for higher multiples for the asset. On the other hand, any weakening of volume—combined with macroeconomic instability—could quickly turn optimism into liquidations. The Bitcoin market in 2026 promises to be as volatile as it is rich in technical and fundamental nuances.