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  • 2 months ago
Bitcoin and major cryptocurrencies started 2026 higher as prices rebounded toward key resistance levels, though options data from Deribit shows lingering bearish positioning later in the year, according to Barron's.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Bitcoin and other cryptocurrencies rose on Friday, starting 2026, on a stronger footing
00:08after a period of underperformance, while concerns about a potential crypto winter remained,
00:13according to Barron's. Bitcoin gained 2% in a 24-hour period to $89,400. Approaching the $90,000
00:22level, it has not consistently held since early December. Analysts at Investec said,
00:27Bitcoin marginally broke through resistance at $88,000, signaling a slightly positive short-term
00:34technical outlook. Bitcoin previously hit a record high above $125,000 in October,
00:40but has since lost about a third of its value.
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