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.
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:
With bullish momentum already building before the news, Bitcoin quickly capitalized on the improved market sentiment.
From a technical standpoint, Bitcoin’s price action confirms renewed strength.
Key developments:
As long as Bitcoin holds above the mid $96,000 region, the broader structure remains bullish and supportive of further upside.
With momentum restored, the $100,000 level has returned as the market’s primary upside target.
In the near term:
Rather than signaling exhaustion, current price action suggests the market is building acceptance at higher levels.
Traders are now focused on:
If these conditions remain intact, Bitcoin’s momentum could extend further as buyers target psychological round numbers.
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.
