Bitcoin Holds Around $95,000 on January 16, 2026 as Market Eyes Possible Move Toward $100,000

On January 16, 2026, Bitcoin was consolidating near $95,000 and trading closer to $94,000 after failing to maintain strength above a key resistance-turned-support area. The recent stall in upside momentum and compressed volatility has led traders to reassess short‑term structure, even as the broader bullish trend and expectations for a potential push toward $100,000 remain intact. Key levels between $92,000 and $96,000 are now seen as crucial in determining whether the market resumes its advance or extends its consolidation phase.