The price of Bitcoin experienced a minor decline, hovering around $91,300 at the time of this report. Following some optimistic news from MSCI on Tuesday, the cryptocurrency saw a brief surge. The pressing question now is whether BTC will rebound to reclaim the $94,000 mark or face another setback that could push it below $90,000.
After reaching a new resistance level near $95,000, Bitcoin dropped below $91,000. This downturn occurred during an early trading session in the US on January 7, 2026 when Bitcoin faced a 3% decrease.
Market analysis indicates that Bitcoin’s value fell to approximately $90,986 across various major exchanges. Nevertheless, bulls demonstrated their strength as prices rebounded slightly above $91,300 during this writing.
Market Sentiment Mixed as Bitcoin Dips Below $91k
On Wednesday morning trading sessions saw renewed selling pressure for Bitcoin as bearish sentiments resurfaced and attempted to regain dominance following a brief rally in the crypto market.
BREAKING: Bitcoin drops below the crucial threshold of $91K pic.twitter.com/4h25NgQydh
— Watcher.Guru (@WatcherGuru) January 7, 2026
The previous day had seen Bitcoin rise close to the elusive mark of $95K before encountering resistance once again.
This drop beneath the significant level of $91K reflected mixed feelings within the market regarding MSCI’s announcement about not excluding Strategy and other digital asset treasury firms from its benchmarks.
This decision seemed to alleviate concerns over potential forced sell-offs by passive funds and briefly sparked optimism contributing to BTC’s temporary price increase.
Additonally supporting this bullish sentiment was Morgan Stanley’s recent filing for spot ETFs related to both Bitcoin and Solana which provided further momentum for investors.
However amidst outflows from spot ETFs linked with bitcoin assets; positive sentiment quickly shifted towards caution. Investors appeared hesitant while considering MSCI’s upcoming review plans ahead.
While many traders celebrated these developments; others pointed out specific details noted by MSCI itself regarding future decisions concerning crypto-heavy firms which remain uncertain at best according analyst Maartunn via X:
“MSCI has not completely ruled out excluding companies heavily invested in cryptocurrencies but instead opted for postponing any final decision while conducting broader evaluations,” he remarked adding “This feels more like an alert rather than approval.”
Tension Surrounds Future Price Movements for Bitcoin
The next movement in pricing will be crucial both sides – bulls & bears alike.
Trading volumes have remained notably high over past twenty-four hours despite overall weakness observed alongside macroeconomic indicators suggesting possible shifts ahead.
A recovery from current pullback could potentially ignite fresh upward momentum within markets.
Conversely persistent bearish forces may lead toward further declines if trends continue downwards indicating potential revisits around support levels near eighty-seven thousand followed closely thereafter by eighty-five thousand marks .
Bitcoin four-hour chart courtesy TradingView
In short-term outlook , zone surrounding ninety-one thousand serves pivotal role acting as critical support line .
An increase coupled with decisive closure beyond ninety-two thousand five hundred may indicate renewed bullish conviction paving way towards retesting previously encountered resistances around ninety-five K or even higher targets approaching one hundred K threshold . </P