Bitcoin (CRYPTO: BTC) continues to struggle below $90,000, leaving investors uncertain whether 2026 will begin with prolonged consolidation or a decisive macro-driven move.

What Happened: According to CryptoQuant, Bitcoin has entered the new year stuck in a volatile range rather than a clearly defined bull or bear trend.

The on-chain analytics firm outlined three potential scenarios for 2026:

High probability — Range-bound (“twisted range”): Bitcoin trades broadly between $80,000 and $140,000, with $90,000–$120,000 acting as the core zone. This outcome would be driven by uneven capital flows, ETF-driven trading, and derivatives activity.

Medium probability — Macro shock: A… Read more on Benzinga