BTC this morning quickly broke through $93,000, testing the psychological resistance. Asian stock markets also opened higher in tandem, with the Taiwan stock index aiming for 30,000 points.
(Background: Maduro is sanctioned, and the legendary “60 billion dollars worth of Bitcoin” in Venezuela—did the US take it?)
(Additional context: Bitcoin returns to $91,000! A “clear rebound” from the short-term rally and the new situation in 2026)
During the long weekend for most Wall Street traders, Bitcoin (BTC) started a rapid surge this morning (5). At the time of writing, BTC reached a high of $93,415, up 2.18% for the day, hitting the highest level in three weeks.
In the short term, whether it can hold above $92,000 is the primary psychological barrier, with the next resistance target around $95,800. If it can break through smoothly, Bitcoin is expected to challenge the $100,000 mark again.
The top ten cryptocurrencies also generally rose, with Ethereum jumping to $3,200, and BNB back in the 9-dollar range.
Macroeconomic noise persists
However, geopolitical and policy factors remain highly uncertain. Short-term volatility is driven by US military actions regarding Venezuela, and whether the Federal Reserve will continue to lower interest rates remains a big variable.
Finance Magnates compiled insights from multiple institutions, indicating most forecast a target price of around $150,000 by the end of 2026; JPMorgan further revised the high point upward to $170,000. Bernstein’s report even estimates the peak could reach $200,000. Bernstein analysts noted:
Institutional momentum is rewriting the traditional four-year halving cycle, and Bitcoin is being re-priced as a hedge against fiat currency devaluation.
Asian stock markets open higher
On the other hand, major Asian stock markets continued last year’s trend, opening the new year with impressive gains. The Nikkei 225 opened at 51,050.53 points, up 1.41%; the KOSPI surged to 4,413.35 points during trading, setting a new record.
The Taiwan stock index also opened sharply higher, up 429.89 points to 29,779.70, then extended its gains to over 547 points, reaching a new all-time high, aiming for 30,000 points. TSMC (2330) reported NT$1,660, also hitting a new high simultaneously.
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