Bitcoin price slips below $91,000 after $95K decline as bears regain control.
Bitcoin price saw a slight dip and settled near $91,300. The gains on Tuesday followed news from MSCI. Will BTC fall to regain $94,000 or will another rejection push prices below $90,000?
Bitcoin fell below $91,000 after a fresh rejection near the $95,000 resistance level.
In the year It came amid a 3% crash for the bellwether cryptocurrency in the early US trading session on January 7, 2026.
Market data shows that the price of Bitcoin has dropped to $90,986 on major exchanges. However, at the time of writing, bulls were showing resilience as the price bounced back above $91,300.
Mixed market sentiment as Bitcoin slips to $91k
Bitcoin prices faced renewed selling pressure on Wednesday as the fighting forces regrouped and sought to regain control after the crypto market's brief rally.
Just in: Bitcoin falls below $91,000 pic.twitter.com/4h25NgQydh
— Watcher.Guru (@WatcherGuru) January 7, 2026
On Tuesday, Bitcoin jumped close to $95,000 before a new rejection.
MSCI's announcement below $91,000 reflected a mixed market view that the index provider would not remove Strategist and other digital asset portfolios from its benchmarks.
As seen in the market, this decision created optimism by allaying fears of forced selling by public funds and contributed to a temporary pump in BTC.
Morgan Stanley's listing of spot bitcoin and Solana ETFs also served as a hot tailwind.
However, when it came to exiting the space Bitcoin ETFs, positive sentiment soon gave way to some jitters. Bulls showed hesitation as investors weighed MSCI's plans ahead of the upcoming review.
While many celebrated the news, some pointed out what the index said.
CryptoQuant analyst Martin shared this cautious view via X.
“MSCI has rejected the idea of excluding crypto-heavy companies. It is only delaying the decision and planning a broader evaluation of investment-type companies,” he posted. “This feels more like a warning than a green light.”
The price of Bitcoin
Bitcoin's next move will be key for both bulls and bears.
Trading volumes rose in the last 24 hours despite general weakness and macroeconomic readings. Backtracking prompts a new rally.
But the constant pressure of depression can lead to another rejection. The RSI and MACD indicators on the 4-hour chart suggest that sellers are dominant.
If prices slip below $90,000, a deep correction could mean a revisit to $87k and then $85k.
In the short term, the $91,000 zone will serve as a major support.
A decisive and critical close above $92,500 could again signal bullish conviction, opening the door to $95,000 bullish attempts and higher targets towards $100,000.
