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Ben Simpson explains a Bitcoin price breakout: Bitcoin broke above a resistance level at $94,000 and moved up to about $97,000 (the first break through that level since November). He notes the stock market is down while Bitcoin is up, open interest (leveraged perpetual traders) is falling, and everyday/spot buyers are returning with large ETF inflows (over $760 million today). A key technical level is the 50-week moving average at $101,000 — a break above that would confirm a return to a bullish uptrend. Overall tone: cautiously bullish for 2026, contingent on holding/reclaiming levels.

Questions this video answers

$94,000

$97,000

Over $760 million

$101,000

November (first time since November).

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