Bitcoin Approaches Critical Yearly Open: A Break Could Send Prices Toward $110K–$130K in 2026

• BTC is currently trading at $91,803.25, with the market outlook turning cautiously bullish as 2026 approaches.
• The tweet highlights key resistance flips that strengthen the recovery case.
• Historical chart levels from 2020–2025 support the argument for a potential 2026 breakout.

Bitcoin is trading closely around $91,803 as the market prepares for the 2026 yearly opening. Historically, yearly opening prices have represented significant zones of support or resistance for Bitcoin on an annual basis.

With the end of 2025 approaching and the current market sentiment remaining slightly bullish, traders are paying attention to whether BTC can maintain its higher range after the first candle of 2026 is printed. At press time, BTC is currently trading at $91,803.25 with an increase of 2.54% over the past 24 hours.

BTC yearly opens Act As Dominant Resistance zones.

According to the analyst Crypto Rover in a recent post on X, the year-opening price of Bitcoin can indicate the price’s next 12 months’ trend direction. When Bitcoin’s price begins the year above the year’s open, that typically signifies a bullish trend followed by price increases. When Bitcoin’s price is lower than the year’s opening price, it typically results in downward corrective price movements followed by price drops.

Also Read: BTC Volatility Explodes: From PCE Pump to $100M Long Liquidations

Chart Structure Supports the Tweet’s Outlook

The chart from TradingView illustrates the yearly open numbers for Bitcoin from 2020 – 2025; each year appears to have served as a ‘pivot’ for future movements in Bitcoin’s market. The yearly open number for 2020 marked the beginning of Bitcoin’s bull market cycle; 2021 acted as the support level midway through the cycle.

2022 was when Bitcoin received its largest amount of selling pressure, drastically affecting price; 2023 was when Bitcoin began a recovery period from this amount of selling pressure; 2024 acted as support for the coin prior to a price explosion; and now is represented by the resistance area around $130K.

Source: TradingView

In conclusion, the pattern that’s developing here indicates that the yearly number for 2026 may also indicate yet another turning point in its price direction. In turn, if Bitcoin’s momentum swings to the upside, a breakout toward $110K – will be within range for receiving a reality check.

Also Read: Bitcoin Faces 2022-Style Stress With 7.1 Million BTC in Loss and ETF Demand Cooling