Crypto analysts have highlighted high and low ranges for BTC, indicating points for shorts and longs, along with bridging the CME gap as a factor. This comes at a time when Bitcoin tokens are attempting to reclaim the $90k million, which could pave the way for a new ATH in 2026. Price movements are expected to be slow in early 2026.
Lennaert Snyder, a crypto analyst, emphasized that range boundaries could have opportunities for investors and traders. He has set the entry point of the range high at around $90,400 for shorts and longs after reclaiming the resistance level of approximately $90,600. For reversal, Snyder has set a range low of around $86,700 for longs.
$BTC still chopping within the range.
— Lennaert Snyder (@LennaertSnyder) January 2, 2026
As you can see Bitcoin formed a clear "holiday" range. Opportunities are always at the range boundaries.
For me to enter a trade, I'm watching the ~$90,400 rangehigh for shorts after confirmation and longs after the 4H reclaim of ~$90,600… pic.twitter.com/D2tFq2EfBN
Ted Pillows, a notable analyst, has shed light on BTC filling CME gaps. He first noted a gap of approximately $88,000, adding that it could be filled soon. In another post, Ted highlighted that Bitcoin tokens had a CME gap between $88,100 and $88,700. The flagship crypto has filled 98% of the CPE gap since Q3 2025, per the post, within a week.
For now, Bitcoin price is attempting to reclaim the $90k mark, which it briefly recorded on December 29, 2025. The token is now down to around $89,581.81 with an uptick of 2.13% over the last 24 hours. Its 24-hour trading volume has declined by 17.71% but the token remains steadfast on marking a new ATH by 2026-end.
In the last 24 hours, BTC has jumped from around $87,697.64 to almost the present value. The movement has been upward at a decent pace, which Snyder has been expecting, per his post on X.
The early 3 months of BTC are forecasted to note a jump of 15.67% – taking the value to around $103,104, amid the volatility of 2.03%. The 14-Day RSI is neutral with 50.03 points. Bitcoin, in general, has drawn two resistance levels of $89,286 and $90,600. Furthermore, two support levels are at $87,972 and $86,658.
The closest price to note is $91,815, projected to be achieved in the next 1 month. Needless to say, actual price movement will depend on micro and macro factors, including, but not limited to, US inflation and employment data.
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