Bitcoin Price Analysis: ETF Flows, Resistance Near 95k, 100k Outlook

Bitcoin slips from recent highs as ETF inflows shape the near-term outlook; traders watch 90k support, 95k resistance, and a potential move to 100k.

Rich by Coin

2026-01-08

Paragraph 1 (2–4 sentences)
Bitcoin and the broader crypto market are falling on Wednesday as the recent rally pauses. Bitcoin and its peers have had a strong start to 2026 after a dismal final few months of last year. Bitcoin rose to near the 95k milestone at the start of this week, its highest level since November. However, the price has since declined, falling back to around 91.7k at the time of writing, down 1.9% over the past 24 hours.

Paragraph 2 (2–4 sentences)
That said, Bitcoin is still up 5% in 2026 and remains 28% from its record high reached early October. BTC ETFs recorded $1.2 billion in net inflows in the first two days of trading, although that cooled yesterday, the third day of trading this year, with $243.2 million in net inflows. Monday’s $697 million in net inflows was the largest single daily intake in three months. Morgan Stanley has filed with the SEC to launch BTC, SOL, and ETH ETFs.

Paragraph 3 (2–4 sentences)
Persistent ETF demand could help keep BTC above 90k and rise towards the psychologically important 100k level. Bitcoin’s recovery from the 84k December 18 low once again ran into resistance around the 94k-95k zone, which has been tested on several occasions since early December. Buyers would need to break above this key resistance area, the 61.8% Fib retracement of the 74.4k low to the 126.2k high. A rise above here would create a higher high, opening the door to 100k.