Bitcoin Price Analysis: Rebound Near $94K With Potential Move Toward $100K

Bitcoin climbs back above $94k as early-year market strength grows; analysts point to a possible move toward $100k if momentum persists, amid regulatory and institutional developments.

Rich by Coin

2026-01-06

Bitcoin has recovered above the $94,000 mark and is continuing its rebound. The rally is supported by the year-start U.S. stock rally, with major altcoins also advancing. As of 10:30 a.m. on the 6th, Bitcoin stood at $94,061, up 1.39% from 24 hours earlier, according to CoinMarketCap.

Ethereum and other major altcoins rose in tandem. Considering Bitcoin’s retreat to roughly one-third of its late-year highs due to risk-off sentiment, the rebound is meaningful. With crypto regulation moves intensifying worldwide and institutional inflows at the start of the year, several positive factors are at play. In particular, after the U.S. government arrested Venezuela’s Nicolás Maduro, oil-related stocks surged, signaling early-year rally signs.

Bitcoin traded at $94,061, up 1.39% from the previous 24 hours, according to CoinMarketCap as of 10:30 am on the 6th. Ethereum and other major altcoins also rose, suggesting broad market strength as Bitcoin recovers from a late-year retreat driven by risk-off sentiment.