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Bitcoin Price Today: What’s Driving the Market Right Now?

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Bitcoin price today is flirting with that $90,000 level again, sitting around $90,100 or so as I’m writing this on January 3, 2026, from my kinda messy living room in the US. Like, it’s up a bit today, maybe 1.7% or whatever, but man, it’s been bouncing in this tight range forever and it’s driving me nuts – one minute hopeful, next minute refreshing CoinMarketCap like a maniac.

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I’m being real here, the Bitcoin price today has me all twisted up inside. It’s recovered a tad from those late 2025 dips where it dropped 20%, but remembering how I FOMO’d in around $120k last year and watched it bleed… yeah, that still stings. I was at a family BBQ, sneaking peeks at my phone, sweating bullets thinking “this is the top, sell now” – nope, held too long then panicked out low. Classic me. But now, with it pushing back over $90k, I’m like, cautiously stoked? Kinda.

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What’s Really Driving the Bitcoin Price Today in Early 2026?

The main thing screwing with the Bitcoin price today – or stabilizing it, depending on how you look – is those spot ETFs. Late 2025 was brutal with record outflows, like $4.57 billion gone in Nov-Dec alone, and price tanked hard because institutions were bailing. But early 2026? Mixed signals – some small outflows still, but hints of reversal, like that $355 million inflow late December. Feels like dip buyers are stepping in quietly.

This phone grab of ETF flow headlines pretty much sums up my feed rn – outflows one day, inflows the next.

Bitcoin ETF “record outflows” are deceptive as crypto products ...

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Bitcoin sinks 20% in 3 months as ETF flows flip negative

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Technically, we’re in this Bollinger Band squeeze that’s super narrow, price trapped between $85k-$90k for weeks. That usually means big volatility incoming, either way. Holding above $88k support gives me some hope, but one FOMC whisper and it could crater. Grayscale’s even talking new ATHs by March, citing rate cuts and dollar weakness – fingers crossed, but I’ve been burned before.

My current screen setup – those candlesticks look volatile af, coffee’s cold again.

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My Dumb Mistakes and Lessons on Bitcoin Market Drivers

Anyway, total digression, but last year I ignored the post-halving hype not delivering and bought way too high. Sold during a dip in a Target parking lot, hands shaking – embarrassing af. Now with current Bitcoin price stabilizing, I think macro stuff like potential Fed cuts and institutions accumulating on weakness are the real drivers. But bears are out there yelling plunge after January FOMC, and I get it, crypto’s wild.

Yeah, this facepalm shot is basically me during December dips.

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Why Market Corrections Trigger Emotional Spirals: Understanding ...

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I’m sticking to DCA now, smaller buys, no more all-in nonsense. Long-term, still bullish – supply tight, demand maybe picking up.

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