Source: CryptoNewsNet
Original Title: Bitcoin (BTC) and Altcoins Started 2026 with a Rapid Rise! Expert Analyst: “If This Continues, the Direction is Bullish!”
Original Link: https://cryptonews.net/news/bitcoin/32226268/
Bitcoin (BTC) and altcoins started the new week on the rise, driven by renewed risk appetite in the markets following geopolitical developments.
Bitcoin has climbed above $93,000, and altcoins are also experiencing gains. This surge is energizing the market, and Bitcoin is on track to record its longest upward trend since early October.
Technical Momentum and Market Drivers
According to market analysts, Bitcoin’s recent surge puts it on track for its longest five-day winning streak in three months. Key factors behind the rise include:
Disappearance of year-end tax cut sales
Decrease in selling pressure
Easing of the supply-demand balance
Positive impact of geopolitical tensions on investor sentiment
“As the volumes sold due to the tax cut at the end of the year disappeared, market sentiment turned back to buying at the beginning of the year. Market sentiment is improving, and both Bitcoin and Ethereum are entering an upward trend.”
Technically, the short-term trendline remains an important variable for BTC. As long as Bitcoin maintains its position above the 21-day moving average, the short-term trend is expected to continue upward.
ETF Inflows Show Signs of Recovery
Inflows into US spot Bitcoin exchange-traded funds (ETFs) have recently shown encouraging signs. Spot Bitcoin ETFs saw net inflows of $471,000,000 in a single day, marking the largest inflow since November of last year.
Geopolitical Factors as Safe-Haven Drivers
Geopolitical factors are also supporting prices. The simultaneous rise in multiple asset classes, such as Bitcoin and gold, reflects a typical “flight to safe havens” pattern. As investors price in high geopolitical risk that could continue or escalate, safe-haven assets like gold, silver, and Bitcoin are rising rapidly.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin and Altcoins Rally to Start 2026: Expert Analysis Points to Bullish Outlook
Source: CryptoNewsNet Original Title: Bitcoin (BTC) and Altcoins Started 2026 with a Rapid Rise! Expert Analyst: “If This Continues, the Direction is Bullish!” Original Link: https://cryptonews.net/news/bitcoin/32226268/ Bitcoin (BTC) and altcoins started the new week on the rise, driven by renewed risk appetite in the markets following geopolitical developments.
Bitcoin has climbed above $93,000, and altcoins are also experiencing gains. This surge is energizing the market, and Bitcoin is on track to record its longest upward trend since early October.
Technical Momentum and Market Drivers
According to market analysts, Bitcoin’s recent surge puts it on track for its longest five-day winning streak in three months. Key factors behind the rise include:
Technically, the short-term trendline remains an important variable for BTC. As long as Bitcoin maintains its position above the 21-day moving average, the short-term trend is expected to continue upward.
ETF Inflows Show Signs of Recovery
Inflows into US spot Bitcoin exchange-traded funds (ETFs) have recently shown encouraging signs. Spot Bitcoin ETFs saw net inflows of $471,000,000 in a single day, marking the largest inflow since November of last year.
Geopolitical Factors as Safe-Haven Drivers
Geopolitical factors are also supporting prices. The simultaneous rise in multiple asset classes, such as Bitcoin and gold, reflects a typical “flight to safe havens” pattern. As investors price in high geopolitical risk that could continue or escalate, safe-haven assets like gold, silver, and Bitcoin are rising rapidly.