BTC Stalls Near $98K as Spot Trader Demand Fades

Jan 16, 2026 - 21:45
BTC Stalls Near $98K as Spot Trader Demand Fades
Bitcoin’s (BTC) push toward $100,000 met strong resistance, with spot demand showing signs of exhaustion just as sellers stepped in. After setting a local high near $98,000 on Wednesday, BTC retraced for two straight sessions and slipped below $95,000 by Friday New York session. Key takeaways: Bitcoin’s pullback followed fading spot demand, reflected in a...

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