Bitcoin (BTC) has reclaimed the $92,000 price level, seeing a substantial turnaround over the weekend. The original crypto briefly hit $93,000, but is facing substantial resistance at that mark. According to CoinGecko data, BTC’s price has rallied 1.3% in the daily charts, 2.8% in the weekly charts, 4.4% in the 14-day charts, and 3.2% over the previous month. However, BTC is still down by 5.7% since January 2025. Let’s discuss how long it will take Bitcoin (BTC) to reclaim the $100k price level.
Can Bitcoin Hit $100k in January 2026?
Bitcoin (BTC) last traded above the $100,000 mark on Nov. 13, 2025. The asset has faced substantial challenges since hitting a new all-time high in October of last year. The crypto market in general has struggled to gain momentum over the last few months. Investors moved their funds to safe havens like gold and silver. The development is evident in both metals hitting multiple new all-time highs over the last few months.
Bitcoin’s (BTC) latest upswing could be due to the anticipation of more economic stability after the US seized Venezuelan oil reserves. The stock market being closed over the weekend may have further added to crypto inflows. However, whether the rally can sustain itself or not is up for debate.
The crypto market’s lackluster performance over the last three months is likely due to macroeconomic uncertainties. The larger economy is still far from recovered, hence, Bitcoin (BTC) latest rally may fizzle out over the coming days.
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CoinCodex analysts also do not expect Bitcoin (BTC) to hit the $100k mark in January. The platform predicts BTC will climb to the $99,000 level on Jan. 9, but predicts a price correction soon after. CoinCodex analysts expect BTC to breach the $100,000 price level on Feb. 16, 2026.
