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Bitcoin has regained strong upward momentum in early 2026 after breaking above the $97,000 level, as markets welcomed the news that the US Supreme Court did not issue a ruling today on President Trump’s tariff case. The absence of an immediate decision removed a key source of political risk, allowing risk assets to rally and pushing Bitcoin closer to its next major psychological milestone at $100,000.
By TradingView - BTCUSD_2026-01-14 (All)Why Bitcoin Is Rallying Again
The latest leg higher in Bitcoin is driven by a combination of macro relief and technical strength.
Traders had positioned cautiously ahead of the expected tariff ruling. When no decision materialized, uncertainty temporarily eased, triggering a rapid shift back into risk assets.
For Bitcoin, this resulted in:
- A relief driven risk on move
- Short liquidations accelerating the rally
- Strong follow through buying above prior resistance
With bullish momentum already building before the news, Bitcoin quickly capitalized on the improved market sentiment.
Bitcoin Price Structure Turns Aggressively Bullish
From a technical standpoint, Bitcoin’s price action confirms renewed strength.
Key developments:
- Clear break above the $95,000 to $96,000 resistance zone
- Strong continuation toward the $97,000 area
- No meaningful pullback despite heightened volatility
As long as Bitcoin holds above the mid $96,000 region, the broader structure remains bullish and supportive of further upside.
By TradingView - BTCUSD_2026-01-14 (1Y)The Path Toward $100,000
With momentum restored, the $100,000 level has returned as the market’s primary upside target.
In the near term:
- Price continuation toward the $98,500 to $99,500 zone is likely
- A short consolidation below $100,000 would be considered constructive
- Any pullback above key support levels would still favor the bulls
Rather than signaling exhaustion, current price action suggests the market is building acceptance at higher levels.
What Comes Next for Bitcoin
Traders are now focused on:
- Bitcoin holding above $96,500
- The absence of negative macro or political headlines
- Continued strength across broader risk markets
If these conditions remain intact, Bitcoin’s momentum could extend further as buyers target psychological round numbers.
Bitcoin Market Outlook
With inflation concerns already priced in and immediate political risk postponed, Bitcoin has reasserted itself as the market leader. Volatility is likely to remain elevated, but the structure now favors continuation rather than correction. The rally toward $100,000 is no longer speculative — it is actively unfolding.
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