Bitcoin seeks resistance to $90,000 at the 2026 Wall Street Open
Bitcoin (BTC) neared $90,000 in a new CME futures focus gap in 2026, the first Wall Street open.
Key Points:-
Bitcoin tested success at $90,000 as markets cheered for the first US trading session of the year.
A new CME futures gap and long liquidity will cause BTC price to plunge.
Gold bounces back after a correction from all-time highs on New Year's Eve.
Bitcoin CME gap sets up for “messy” week
Data from TradingView showed an attempted rally in the BTC price during the Asian trading session.
As TradFi markets rebounded, Bitcoin formed a new “gap” on the CME Group futures market, setting a possible near-term target.
“It's good to watch in the coming week” trading account Daan Crypto Trades commented on X.
“It's almost the weekend so we're probably getting a few gaps and a little bit of a messy schedule to really kick off the rest of the year.”
As Cointelegraph reports, newly created slots tend to increase or decrease in value within days or hours of future openings.
Amidst the new January highs, trading platform TheKingfisher warned that prices may rotate around $88,000 late on to take BTC long positions.
Long liquidity cluster building on $BTC high liquidity map
If your liq price drops to around 88k, we recommend you adjust your capacity/location
Chances are high 🎣 pic.twitter.com/WwbDRhWlkM
— TheKingfisher (@kingfisher_btc) January 2, 2026
Data from the watchdog CoinGlass showed liquidity on both sides of the price building opening to Wall Street.
For the 24 hours up to the time of writing, the cryptocurrency markets have been increasing, totaling more than $200 million.
After the cold of the new year, gold will rise
After dipping to end the year, Gold rebounded to push for a rematch with the all-time high on the day.
RELATED: Bitcoin RSI exec ‘RIP' calls for breakout for 4-year BTC price cycle
XAU/USD was held in check at $4,400 after becoming a 2025 major asset.
“Gold (+64%) was the main asset with the best performance in 2025. Bitcoin (-6%) was the worst. Something we have not seen before in any calendar year (the opposite of 2013),” said Charlie Bilello, chief market strategist at Wealth Manager Creative Planning.
This week, Cointelegraph included Bitcoin's relationship with gold and silver in four key charts.
Analysis argues that BTC's relative performance is not a sign of a new bear market, but “the calm before the storm” based on historical patterns.
This article does not contain investment advice or recommendations. Every investment and business activity involves risk, and readers should do their own research when making a decision. While we strive to provide accurate and up-to-date information, Cointelegraph does not guarantee the accuracy, completeness or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph shall not be liable for any loss or damage arising from reliance on this information.
This article does not contain investment advice or recommendations. Every investment and business activity involves risk, and readers should do their own research when making a decision. While we strive to provide accurate and up-to-date information, Cointelegraph does not guarantee the accuracy, completeness or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph shall not be liable for any loss or damage arising from reliance on this information.
