#Bitcoin is undergoing structural changes and key price levels amid anticipated volatility. Here are the latest updates:

Fidelity Executive Highlights Structural Shift in Bitcoin (January 10, 2026) – Jurrien Timmer states that BTC is transitioning from a power-law trajectory to an S-curve of adoption.
Resistance Level $99 000 is Important for Bulls (January 10, 2026) – The breakeven point for new large investors could put selling pressure on the market.
Macroeconomic Factors May Amplify Volatility (January 10, 2026) – Changes in US policy and high leverage levels could trigger sharp BTC price movements.

Details

1. Fidelity Executive Highlights Structural Shift in Bitcoin (January 10, 2026)

Overview: Jurrien Timmer, Director of Global Macro at Fidelity, noted that Bitcoin is changing its growth pattern: it previously followed a steep power-law dependence related to halving cycles, but is now transitioning to an S-curve similar to internet adoption. He identified support at $65 000, but emphasized that bear markets are still possible despite increasing institutional interest.
What it means: This is a neutral signal for Bitcoin, indicating market maturity and reduced extreme volatility, but also a slowdown in rapid exponential growth. Recognition of such a shift by a major firm like Fidelity could boost traditional investors’ confidence in BTC. (Bitcoinist)

2. Resistance Level $99 000 is Important for Bulls (January 10, 2026)

Overview: Blockchain analysis shows that new large investors (whales) accumulated Bitcoin around the $99 000 mark, creating a psychological resistance level. Currently, at around $90 500, these investors may start selling to break even if the price approaches $99 000. Meanwhile, long-term holders with an average purchase price of $39 681 remain in profit and are not trading.
What it means: In the short term, this is a negative factor for Bitcoin, as it creates selling pressure below the $100 000 level. However, in the long term, the situation remains positive since major holders are not selling and show strong confidence in the assets. (NewsBTC)

3. Macroeconomic Factors May Amplify Volatility (January 10, 2026)

Overview: Analysts, including Arthur Hayes, warn of multiple macroeconomic factors converging — financial difficulties in the US, uncertainty in Federal Reserve policies, and record-high crypto derivatives open interest ($559 billion). This could lead to sharp Bitcoin price swings. Historically, such conditions often precede 10-20% range movements.
What it means: This is a neutral factor for Bitcoin, as high volatility carries liquidation risks but also attracts traders. Regulatory changes (such as new collateral rules from CFTC) could reduce market pressure and improve institutional participation.

Summary

Bitcoin is entering a maturity phase, facing technical resistance and macroeconomic instability, but the resilience of major holders provides fundamental support. Will the $99 000 level serve as a support point or a ceiling for the next major BTC move?