Bitcoin Price Back At $90k: Is The Bear Market Behind Us? 2026
Bitcoin hit a three-week high, but derivatives and spot ETF flows show traders remained cautious, signalling limited confidence in further upside for now.
Bitcoin rose above $90,000, yet options data show traders are not comfortable with downside risk exposure.
Bitcoin spot ETF outflows and low leverage demand suggest investors remain cautious about near-term gains.
Bitcoin (BTC) jumped above $90,000 on Saturday, prompting traders to question whether there is enough momentum to reclaim the $95,000 level for the first time in seven weeks.
Even as the S&P 500 traded just 1.3% below its all-time high, investors grew concerned about worsening economic conditions, especially after electric-vehicle automaker Tesla (TSLA US) reported disappointing sales.
The tech-heavy Nasdaq index futures failed to reclaim the 26,000 level, as the sector remains torn between optimism around artificial intelligence and risks tied to weaker US job market data.
According to Bloomberg, Tesla’s total vehicle deliveries reached 418,227 units in the fourth quarter, down 15% from 495,570 a year earlier. Tesla shares fell 2.5% on Friday and remain 12.2% below their all-time high.
In contrast, moderate optimism emerged from China after shares of Chinese tech company Baidu (BIDU US) surged 15%. The company filed for an IPO with the Hong Kong stock exchange to spin off its artificial intelligence chip unit, Kunlunxin.
The tech sector has clearly underpinned Nasdaq’s 20% gains in 2025, but traders worry valuations have become excessively stretched.
Demand for leveraged BTC bullish positions remained flat on Saturday, even as Bitcoin rebounded to its highest levels since Dec. 12.
Source: CoinTelegraph
