Bitcoin's upward momentum is capturing attention in the cryptocurrency markets, as highlighted in a recent daily update from trader Michaël van de Poppe. According to van de Poppe, the BTC chart shows markets starting to move upwards, which he describes as excellent news for traders. This positive shift comes amid expectations of continued grinding higher, driven by new liquidity pouring into Bitcoin. With a keen eye on how the US Open plays out, van de Poppe anticipates further gains, even projecting a test of the $100,000 level in January. This outlook aligns with broader market sentiment, where Bitcoin's price action could signal trading opportunities for both short-term scalpers and long-term holders looking to capitalize on potential breakouts.

Analyzing Bitcoin's Current Chart and Price Momentum

Diving deeper into the BTC chart analysis, the upward movement noted on January 2, 2026, suggests a bullish continuation pattern. Traders are watching key support levels around recent lows, potentially in the $90,000 to $95,000 range if we consider historical data points, though exact figures depend on real-time fluctuations. Van de Poppe's update emphasizes the role of incoming liquidity, which could push trading volumes higher and support resistance breaks. For instance, if Bitcoin maintains its grind higher post-US Open, we might see increased buying pressure in pairs like BTC/USD and BTC/ETH, offering entry points for swing trades. Market indicators such as the Relative Strength Index (RSI) could hover in overbought territory if momentum builds, signaling caution for over-leveraged positions but opportunity for those timing pullbacks effectively.

Impact of US Market Open on Crypto Trading

The US Open often acts as a catalyst for cryptocurrency volatility, and van de Poppe's interest in its outcome underscores this dynamic. Historically, traditional market openings influence crypto flows, especially with institutional investors allocating funds to Bitcoin as a hedge against stock market uncertainties. If new liquidity enters as predicted, we could witness Bitcoin testing higher highs, with trading volumes spiking in the hours following the open. Traders should monitor on-chain metrics like active addresses and transaction volumes for confirmation of sustained buying interest. This scenario presents cross-market opportunities, where correlations with stock indices like the S&P 500 could amplify Bitcoin's moves, allowing for diversified strategies that include crypto futures and options trading.

Looking ahead to a potential $100,000 test in January, this projection from van de Poppe invites analysis of broader market implications. Achieving this milestone would likely boost overall crypto sentiment, attracting more institutional flows and retail participation. From a trading perspective, key resistance levels to watch include psychological barriers at $98,000 and $99,000, where profit-taking might occur. Support from recent liquidity inflows could mitigate downside risks, making dip-buying strategies viable. Additionally, correlations with AI-driven tokens might emerge if tech sector news influences market narratives, though Bitcoin remains the anchor for crypto trading. Overall, this update encourages a proactive approach, focusing on risk management amid potential volatility.

Trading Strategies for Bitcoin's Projected Rally

For traders positioning around this bullish outlook, consider strategies that leverage the expected grind higher. Long positions in BTC perpetual futures could benefit from upward momentum, with stop-losses set below recent support to protect against reversals. Scalping opportunities may arise during US trading hours, targeting quick gains from liquidity-driven spikes. Moreover, diversifying into related pairs like BTC against stablecoins can provide hedging options. Institutional flows, as mentioned, are crucial—monitoring ETF inflows or whale transactions via on-chain data can offer early signals. If January's $100K test materializes, it could trigger a wave of FOMO buying, pushing volumes to new highs and creating breakout trades. Always incorporate technical indicators like moving averages for confluence, ensuring trades align with the prevailing uptrend.

In summary, van de Poppe's daily BTC update paints an optimistic picture for cryptocurrency traders, emphasizing upward movements and liquidity as key drivers. While awaiting the US Open's impact, the potential for a $100,000 test in January highlights significant trading potential. By focusing on concrete data points and market correlations, investors can navigate this landscape effectively, balancing risks with rewards in the dynamic world of Bitcoin trading.