Bitcoin starts 2026 on the rise, but the movement is still premature, says Fernando Ulrich

Source: PortaldoBitcoin Original Title: Bitcoin starts 2026 on the rise, but movement is still early, says Fernando Ulrich Original Link: Although Bitcoin is on the rise at the beginning of 2026, it is still too early for a more in-depth reading of the price movement at the start of the year. The analysis was made by Fernando Ulrich, advisor at OranjeBTC and a well-known analyst in the crypto sector, regarding the apparent rebound of BTC at the beginning of 2026.

Bitcoin traded around US$ 87,000 on the last day of 2025. As soon as the year turned, it began a gradual recovery climb to reach a peak of US$ 94,400 on Monday (5). By this Wednesday (7), the asset is trading at US$ 91,400, down 2.4% at the time of writing.

“Maybe it’s just another correction of the year’s closing levels, which is normal. Many funds and ETFs need to make quotas, and sometimes the market ends up pulling down at the end of the year. Now there’s a slight correction back to the level that was a little above US$ 92,000, US$ 93,000, but it’s not a significant appreciation,” said Ulrich.

Ulrich also emphasizes that the current movement of Bitcoin is not being influenced by the military action taken by the United States in Venezuela, which resulted in the capture of leader Nicolás Maduro. “It’s too early to say, and I don’t think Venezuela would have any relevance to move the Bitcoin price significantly. So I don’t see this as an important factor,” he says.

A good piece of news for the crypto market is that ETF inflows are at high levels. Bitcoin ETFs in the US had inflows of US$ 697.2 million (R$ 3.7 billion) just on Monday (5), the best day since the beginning of October.