Bitcoin rises in early 2026, but the trend remains to be seen—Fernando Ulrich analysis

Source: PortaldoBitcoin Original Title: Bitcoin starts 2026 on the rise, but movement is still premature, says Fernando Ulrich Original Link: Although Bitcoin is on an upward trend at the beginning of 2026, an in-depth analysis of the price movement at the start of the year is still premature. Renowned cryptocurrency analyst Fernando Ulrich analyzes the apparent upward trend of BTC in early 2026.

Bitcoin’s trading price on the last day of 2025 was around $87,000. At the start of the new year, a gradual recovery began, reaching a peak of $94,400 on Monday(5. By Wednesday)7, the asset’s trading price was $91,400, down 2.4%.

“Maybe this is just another adjustment at the year-end closing level, which is normal. Many funds and ETFs need to make quota adjustments, and the market is sometimes pulled down at the end of the year. Now there is a slight correction, returning to levels slightly above $92,000, $93,000, but still without significant appreciation,” Ulrich said.

Ulrich also emphasized that Bitcoin’s current trend has not been affected by the US military action against Venezuela, which led to the arrest of leader Nicolás Maduro. “It’s still too early to say that, and I don’t think Venezuela will have enough relevance to significantly push Bitcoin prices. Therefore, I don’t consider this an important factor,” he stated.

A good piece of news for the crypto market is that ETF inflows are at a high level. The US Bitcoin ETF alone saw inflows of $697.2 million on Monday(5, the best day since early October.