Bitcoin formed a significant low at $80,537 on November 21, 2025, and has since traded sideways to upward in a double three corrective structure under the Elliott Wave framework. Wave (W) ended at $94,172, followed by wave (X) pulling back to $84,398. Wave (Y) is underway, subdividing into a smaller double three: wave W at $94,792, wave X at $89,190, and wave Y as a zigzag ((a))-((b))-((c)). Within ((a)), wave (i) reached $92,392, wave (ii) retraced to $90,016, and wave (iii) hit $97,939. Wave (iv) is expected to correct from the January 12, 2026 low, before wave (v) completes ((a)).

As long as the $89,222 pivot holds, dips should find support in 3, 7, or 11 swings, favoring upside. On Wednesday, Bitcoin traded above $95,000 amid positive sentiment, lifting altcoins like Ethereum and Ripple, which held Tuesday's gains from lower-than-expected US December core inflation. Ripple dipped to $2.15 after rallying to $2.19. Hyperliquid surged above $26.00 with improving on-chain metrics, while Pi Network held above $0.2000 after a 1% bounce.

By Friday, Bitcoin pulled back toward $90,000 after rejection at resistance, driven by fading institutional demand and net outflows from spot ETFs this week.

TD Cowen trimmed its price target for Michael Saylor’s Strategy (Nasdaq: MSTR) to $440 from $500 while maintaining a buy rating, citing near-term pressure from accelerated Bitcoin purchases amid price compression. Analysts Lance Vitanza and Jonnathan Navarrete, from TD Securities' research division, noted in a Wednesday report that Strategy raised roughly $1.25 billion and used nearly all of it to buy more Bitcoin, leaning into the downturn. They linked this to broader shifts in Bitcoin’s institutional market structure, affirming Strategy remains attractive for Bitcoin exposure despite flirting with a zero Bitcoin premium recently.

On Monday, Strategy announced its largest Bitcoin purchase in over five months, acquiring 13,600 Bitcoin in the past week for over $1.2 billion at current prices. The Tysons Corner, Virginia-based firm now holds 687,400 Bitcoin, valued at over $62.8 billion with Bitcoin at $91,415 per CoinGecko. A week ago, when U.S. markets opened, Bitcoin traded around $93,000, highlighting the recent price dip that Strategy aggressively exploited.

Bitcoin's price has tracked net institutional demand over the past year, defined by Bitwise as buying from global exchange-traded products (ETPs) and treasury companies minus new supply. This trend accelerated after Strategy (formerly MicroStrategy) purchased $1.25 billion in BTC, coupled with $753 million in net inflows into US spot BTC exchange-traded funds (ETFs). On Wednesday, Bitcoin surged above $97,000 for the first time in three months, extending its post-Consumer Price Index (CPI) gain by 6.7% over the past two days.

The rally triggered $360 million in BTC short liquidations in the past 24 hours—the largest since October 10—per Coinglass data, with the biggest at $34.9 million on the HTX exchange. A 47,244 decrease in BTC holders preceded gains on three occasions over the past two months, according to Santiment. Exchange supply hit a seven-month low of 1.18 million BTC, signaling reduced selloff risk; Santiment noted dropping non-empty wallets as a bullish sign.

Bitcoin traded near $97,100, up 2% in the past 24 hours on Wednesday. By Friday, it fell toward $90,000 amid fading institutional demand and spot ETF outflows.

Silver Futures Market Surge

On Jan. 13, 2026, CME Group (Nasdaq: CME) announced a new 100-ounce silver futures contract to tap into rising retail investor demand amid geopolitical uncertainty and the energy transition. Managing Director Jin Hennig highlighted silver's appeal for diversification. COMEX silver futures rose 18.34% over five trading days, from the mid-$70 range to $91.57 by early Jan. 14, 2026, with intraday highs near $91.80, volume of 79,700 contracts, and open interest over 101,800. The contract, set for a Feb. 9, 2026 launch pending review, will be financially settled based on the global benchmark's daily price. Industry partners like Robinhood's JB Mackenzie and Plus500US CEO Isaac Cahana praised its accessibility for retail traders. CME's 2025 saw record retail activity: 301,000 average daily volume in Micro Gold futures, 48,000 in Micro Silver, and over 6 million in 1-ounce gold contracts.

XRP Price Momentum

On Jan. 13, 2026, at 8:30 p.m., XRP traded near $2.17 USD after advancing from $2.10, briefly hitting $2.18 amid bullish volatility. Technicals show a breakout above key moving averages ($2.08 50-period, $2.15 200-period), with RSI at 72 (overbought), positive MACD (0.0269 line above 0.0181 signal), and widened Bollinger Bands ($2.02 lower, $2.18 upper). Optimism stems from the Senate Banking Committee's Jan. 15 markup of the Digital Asset Market Clarity Act, led by Chair Tim Scott, potentially clarifying regulations for XRP. Holding above $2.14–$2.15 supports upside; a pullback risks testing mid-$2.10s. Broader crypto strength and inflation data bolster sentiment.

North American Bitcoin mining pools experienced a consistent decline in block share in 2025, dropping to 35% of total blocks by December, according to BlocksBridge Consulting. Foundry USA, MARA Pool, and Luxor Technologies accounted for this share, down from over 40% in January. The shift is driven by surging demand for AI infrastructure, overshadowing environmental and community concerns, while China's energy build-out provides opportunities despite U.S. President Donald Trump's vision for technological dominance.

Trump, as a 2024 candidate, called for all remaining Bitcoin to be mined in the U.S., a pledge experts deem difficult or impossible. U.S. miners currently hold about 40% of global hashrate, per TheMinerMag, more than any other country. His sons, Eric and Donald Trump Jr., co-founded American Bitcoin in March, with Miami-based Hut 8 owning an 80% stake. Hut 8, formerly focused on mining, is pivoting to energy infrastructure and partnered with AI firm Anthropic in December for U.S. data centers.

In November, Eric Trump visited American Bitcoin's Texas facility, posting a video on X showcasing 35,000 machines mining about 2% of the world's Bitcoin supply. Rapid data center growth is challenging Trump's pro-crypto ambitions amid global competition.

Bitcoin has surged to a two-month high above $96,000, its highest level since mid-November 2024, reflecting renewed strength in risk assets and a shift in market sentiment after weeks of tight range-bound trading. The rally liquidated $700 million in short positions, with Bitcoin trading around $96,000-$97,000 on platforms like Bybit inverse perpetual. Host Jason Casper expresses excitement, shouting out chat participants including Investment Time, Anna Jupy Nakawatchi 420, Aliki Louisiana, Big toe Casper, and Preparing for War.

Technically, Bitcoin approaches a key high-volume node at $96,303, the highest since November 2024, where most volume has traded around $96,188. A daily close above this level could flip resistance to support, targeting $113,000-$114,000, aligned with the weekly order block and 0.618 Fibonacci retracement. A green dot on the weekly Market Cipher B signals potential 40% upside, with hidden bullish divergence and neutral Fear and Greed Index sentiment—first since October 29, 2024. However, Jason Casper warns of rejection risks, citing bearish divergences on lower timeframes like 4-hour and 1-hour, and plans short trades below $96,717 after two prior losses.

Concerns arise from a US Senate crypto market structure bill, flagged by Galaxy Digital Research as expanding Treasury surveillance powers akin to the 2001 Patriot Act. It enables designating crypto as high-risk for money laundering, freezing transactions, and sanctioning DeFi, threatening crypto's anti-surveillance ethos. Jason Casper remains cautiously bullish but eyes silver potentially hitting $100 amid broader market dynamics.

CleanSpark, a Bitcoin mining company, announced on Wednesday an agreement to purchase 447 acres in Brazoria County, Texas, to develop a 300 MW data center expandable to 600 MW, focused on artificial intelligence (AI) and high-performance computing (HPC) workloads. CEO Matt Schultz stated that accelerating demand for AI-native compute has constrained access to transmission-level power in key regions. The deal is set to close in the first quarter of 2026.

This move exemplifies Bitcoin miners diversifying amid rising mining difficulty. Firms like MARA Holdings, Core Scientific, Hut 8, Riot Platforms, and TeraWulf have repurposed infrastructure or announced AI/HPC expansions. Others pursue greener efficiencies; for instance, Canadian miner Canaan revealed last week a proof-of-concept to repurpose compute heat for local greenhouses.

Bitcoin mining costs have surged, with difficulty hitting all-time highs in 2025. Data from CoinWarz shows it peaked at 156 trillion in November and stood at 146 trillion at publication.

As 2026 begins, Bitcoin appears strong amid a political clash between the Trump administration and Federal Reserve Chair Jerome Powell, challenging the traditional link between lower interest rates and rising asset prices. The administration's pro-crypto stance and calls for rate cuts—echoed in Trump's remarks via The Kobeissi Letter, urging the Fed to lower rates when markets rise—clash with attacks on Fed independence, unsettling institutional investors like BlackRock and Fidelity. This creates a push-pull for Bitcoin [BTC], acting as both a hedge against a politically pressured U.S. dollar and a speculative risk amid institutional sell-offs.

Farzam Ehsani, CEO of VALR, describes the dynamic as paradoxical: a criminal investigation into Powell signals deep rifts, driving some to decentralized Bitcoin for reliability while scaring big players from risky assets. Ray Youssef, CEO of NoOnes, notes that expected rate cuts to 1% could boost liquidity, propelling BTC and gold as refuges amid chaos and red indices. If Powell prevails, markets may stabilize; otherwise, cheap money could spark a BTC rally.

Despite uncertainty, the crypto market rose 3.22% to $3.24 trillion in 24 hours, with the Fear and Greed Index at 52 (neutral) per CoinMarketCap. Overbought assets signal pullback risks, but the Justice Department's probe may funnel investors to safe havens like gold and Bitcoin. (By Ishika Kumari, edited by Saman Waris at AMBCrypto.)

Bitcoin's price surged to its highest level in two months, approaching $97,700, driven primarily by MicroStrategy's significant Bitcoin purchase. Supportive US inflation data further enhanced investor confidence in risk assets, leading to gains in other cryptocurrencies like Ethereum. However, the broader market saw US stocks decline amid the rally.

Despite the optimism, experts remain skeptical, labeling the uptick as a temporary rally. Economist Peter Schiff echoed this caution in a tweet, describing it as a "huge sucker’s rally" in Bitcoin. He suggested traders are mistakenly shifting profits from gold and silver mining stocks into Bitcoin ETFs and MicroStrategy ($MSTR) shares, advising savvy investors to buy mining stocks and sell Bitcoin and $MSTR instead.

U.S. lawmakers face a pivotal week for cryptocurrency regulation, with over 75 amendments filed ahead of the Senate Banking Committee's markup hearing on Thursday for a sweeping crypto market structure bill. Released just days ago, the legislation could reshape operations for Bitcoin, stablecoins, exchanges, and decentralized finance (DeFi) platforms in the United States, amid urgency and divisions in Washington. Stakeholders including crypto investors, exchanges, banks, and fintech firms are closely monitoring, as outcomes may influence U.S. crypto markets for years.

At its core, the bill clarifies oversight by the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), defining when tokens like Bitcoin are securities or commodities. Supporters argue it will encourage institutional investment, reduce legal uncertainty for exchanges and custody providers, and retain crypto innovation in the U.S. Critics warn of potential innovation restrictions or regulatory power concentration. Bitcoin holders may face indirect effects via higher exchange compliance and custody costs, stablecoin liquidity underpinning trading, and institutional participation through ETFs, derivatives, and treasury adoption.

Key debates include stablecoin yield restrictions, with bipartisan amendments targeting language barring platforms from paying yield "solely" for holding stablecoins—potentially reducing demand, market depth, and DeFi support for Bitcoin trading. Ethics issues persist, with Senator Chris Van Hollen proposing anti-corruption and disclosure rules amid concerns over President Donald Trump and family crypto ties. Negotiations on SEC/CFTC partisan balance continue, as many amendments may be withdrawn or merged. Regulatory clarity is viewed as bullish for long-term Bitcoin adoption, while restrictions could curb liquidity and raise costs, with Bitcoin serving as the benchmark for U.S. market competitiveness.

In 2025, Bitcoin's market challenged the traditional four-year halving cycle, with investors questioning its reliability amid discussions on platforms like X and Reddit labeling it "bitcoin cycle dead." For over a decade, halvings reduced miner rewards, tightening supply and sparking explosive bull runs followed by corrections. However, 2025 marked the first post-halving year to close negatively, with Bitcoin ending 6% below January levels after a peak of $126,080 on October 6— an 80% gain from the April 20, 2024, halving at $64,262, far below prior cycles' 700-5,500% surges.

Previous halvings drove massive gains: November 28, 2012 (from $12 to over $1,000, +5,500%); July 9, 2016 (from $650 to $20,000, +1,250%); May 11, 2020 (from $8,181 to $69,000, +700%). The 2024 halving's atypical pre-event rally, fueled by January 11 SEC approval of spot ETFs, drew billions from institutions like BlackRock, Fidelity, Grayscale, and MicroStrategy (Michael Saylor), holding over 300,000 BTC collectively.

Experts are divided: Arthur Hayes (BitMEX) and Cathie Wood (ARK Invest) declare the old cycle dead, citing global liquidity, Fed rates, and institutional stability reducing volatility. Willy Woo, Markus Thielen (10x Research), and Rekt Capital argue it's evolving, while Jurrien Timmer (Fidelity) favors power law models and Michael Saylor predicts massive revaluation. As of January 13, 2026, inflows hit $753 million, pushing prices near $95,000, signaling potential recovery amid maturing markets.

Since late November, Bitcoin has formed bullish structures, rising 20% from market lows around $80,000. However, it remains below the short-term holders' average purchase price (orange curve) at approximately $100,000 and the 365-day moving average. Breaking above $100,000 could signal positivity, potentially driving toward new all-time highs (ATH). Conversely, stalling at this level risks a bearish phase, similar to 2022, with a possible drop below $80,000 if buyers fatigue.

At year-end 2025, Bitcoin plunged 35%, triggering extreme fear on the Crypto Fear and Greed Index (CFGI). With prices now above $95,000, sentiment is improving but lingers in the fear zone (orange). Exiting the red zone, likely via surpassing $100,000, would reassure investors. The adjusted Spent Output Profit Ratio (aSOPR) hovers around 1, indicating no trend reversal and a potential ongoing bull run since 2023, provided support holds to avert catastrophe.

Bitcoin surged above the TBO resistance at $94,000 on renewed buying pressure, fueled by roughly $600 million in short liquidations over the past 24 hours. Daily RSI returned to overbought territory—below its prior peak—while volume stayed above its moving average and OBV indicated steady accumulation. However, the structure echoes bull-trap scenarios from 2018 and 2022, with analysts anticipating a retest of the weekly TBO Fast line around $98,000–$100,000 before any sustainable breakout.

Bitcoin dominance (BTC.D) closed marginally red, failing to reclaim previous support now acting as resistance, suggesting potential further decline that could boost altcoin strength. Ethereum outperformed Bitcoin with a nearly 2× advance, clearing its TBO resistance and targeting $3,435, while the ETH/BTC pair pierced overhead resistance; a sustained move above 0.03615 BTC might lead a broader altcoin rally. Stablecoin dominance fell 4.14%, signaling TBO Open Short and potential altcoin inflows, though daily RSI shows a higher low, urging caution.

Macro influences include mixed US equity technicals, with the S&P 500 above its daily TBO Cloud and the Dow bullish despite closing under 50,000. Commodities like gold show uptrends with RSI bearish divergences, while oil nears $61 amid Middle East tensions. Altcoin highlights feature XRP, BNB (targeting $992.63), SOL, and others with mixed TBO signals.

The provided content does not appear to be an article about Bitcoin; instead, it is a promotional message from Grist, a nonprofit environmental journalism organization. It urges readers to disable ad-blockers to support their work, explains how to do so, and promotes sponsorship opportunities with phrases like "Grist thanks its sponsors. Become one." No key points on the Bitcoin market, dates, entities, or names related to cryptocurrency are present in the text. If you can provide the actual article content, I'd be happy to summarize it concisely within 200 words.

AI disrupts business margins, shortens lifespans, and consumes innovation rapidly, prompting capital to seek durable assets that resist decay—Bitcoin fits this role. Its price doesn't rise linearly but reprices in sharp, violent steps. Once investors recognize no viable alternatives, capital floods in simultaneously, triggering NGU (Number Go Up) events rather than steady growth.

Bitcoin's core strength lies in time. Drawing from meditation lessons, the speaker advises against emotional fixation on short-term volatility, like Bitcoin hovering between $105,000 and $95,000. As a macro strategist, they emphasize maintaining perspective on the long-term trajectory, urging focus beyond momentary fluctuations: "I know one thing."

Matt Hougan, CIO at Bitwise, predicts Bitcoin will reach new all-time highs in 2026 if three catalysts align: avoiding another October 10-style flash crash, passage of the Clarity Act, and stable equity markets. He rates the first as a green light, noting the October 10 event that erased $1.4 trillion from crypto markets due to overleveraged positions has resolved, allowing momentum to rebuild.

The Clarity Act, up for a Senate Banking Committee vote on Thursday, earns a yellow light. It would assign SEC oversight to "ancillary assets" reliant on issuers and CFTC regulation to digital commodities like Bitcoin. The bill bans stablecoin passive yields, protects non-custodial software creators from prosecution (addressing cases like Tornado Cash co-founder Roman Storm's conviction), but grants Treasury broad surveillance powers, including freezing transactions for 30 days without court orders. Galaxy's Alex Thorn calls it the largest government financial surveillance expansion since the 2001 USA Patriot Act.

Equity markets also get a yellow light, as Bitcoin increasingly correlates with risk assets, needing a "slightly positive uptrending channel" for gains. Bitcoin surged 5% this week to about $96,000, crossing $95,000 on Wednesday after Strategy bought $1.3 billion. However, Hougan warns of whale selling pressure at $100,000, potentially capping upside through most of 2026.

The provided content is not an actual article on Bitcoin but a copyright notice from Thomson Reuters, dated 2026, accompanied by access restrictions and a login prompt.

Key details include: © Copyright Thomson Reuters 2026, with a link to restrictions at https://agency.reuters.com/en/copyright.html. It urges users to "Accedi o crea un account gratuito per leggere queste notizie," meaning "Log in or create a free account to read this news."

No Bitcoin market information, dates, entities, or names related to cryptocurrency are present in the text, preventing extraction of relevant key points. The content appears to be a placeholder for restricted Reuters news access.

European Stock Markets
European stock exchanges closed mostly lackluster on Wednesday following mixed U.S. economic indicators. London and Paris reached new intraday records in the morning, but Paris ended down 0.19% while Frankfurt also declined (specific figure not provided).

U.S.-Denmark Tensions
A delegation from Denmark and Greenland arrived at the White House on Wednesday for a high-stakes meeting, amid renewed interest from Donald Trump in acquiring the Arctic territory. CNN shared images on X of the minister involved.

Thailand Train Accident
A crane collapsed onto a passenger train in Thailand on Wednesday, causing a dramatic accident with at least 32 deaths and dozens injured, per local authorities. The massive crane was part of a large infrastructure project.

Boeing Settlement
U.S. aircraft maker Boeing reached an amicable agreement on Wednesday with a Canadian plaintiff who sued after losing family members in the 2019 Ethiopian Airlines Boeing 737 MAX 8 crash. The plaintiff's lawyer announced the deal.

(Note: The provided content is a news feed snippet, not an article on Bitcoin; no Bitcoin-related details were present.)

The provided content is not an article on Bitcoin but a copyright notice from Thomson Reuters. It states: "© Copyright Thomson Reuters 2026. Click For Restrictions - https://agency.reuters.com/en/copyright.html Login or create a forever free account to read this news."

No key points about the Bitcoin market, dates, entities, or names from an actual article are available, as this appears to be a paywall prompt. To summarize a real article, please provide the full text.

Bitcoin's Evolution and Debates

The three-part event series "Digitales Geld" provides a controversial, expert forum on digital currencies, focusing on Bitcoin's polarizing role. Originally created in response to the financial crisis, Bitcoin aimed to revolutionize finance through decentralized, cryptographically secured transactions free from banks and state control, promising financial self-determination for all. Today, it has integrated into the existing system, creating a new financial market segment.

Ambivalent Realities and Implications

In reality, Bitcoin has made a few extremely wealthy while many lost fortunes without safety nets. The promise of greater self-determination and decentralization is questioned: diminishing state sovereignty over money could impact democracy and the common good. The series also explores the financial system's need for reform.

Event Details

Speakers include Ijoma Mangold (DIE ZEIT journalist and author of “Die orange Pille. Warum Bitcoin weit mehr als nur ein neues Geld ist”), Dr. Jürgen Schaaf (European Central Bank Advisor on Market Infrastructure & Payments), Caroline Marburger and Dr. Erik Meyer (Zentrum verantwortungsbewusste Digitalisierung), Dr. Amelie Rüppel (Evangelische Akademie Frankfurt), and Claudia Wehrle (ARD Finanzredaktion). Free entry; register via the provided link. Organized by Evangelische Akademie Frankfurt and Zentrum verantwortungsbewusste Digitalisierung, presented by hr INFO. Date: Thursday, February 12, 2026, 7:00 PM, at Evangelische Akademie Frankfurt, Römerberg 9.