Bitcoin Market Update and Setup Monday 1/5/2026

Bitcoin and Bitcoin dominance are both trading bullish, but this move is still developing and comes with important conditions.

Bitcoin dominance is currently bouncing higher after testing the 59.00% area. For altcoins to truly gain momentum, dominance needs to roll over and break back below 59.00%. Until that happens, Bitcoin will remain the primary driver across the market 🔑

⚠️ Bitcoin is now trading near the $93,000 resistance area, which is a key zone to watch closely. This area has historically produced false breakouts, especially during periods of low liquidity. A rejection here could send price back into the broader range between $85,000 support and $93,000 resistance 🤔

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