Bitcoin price forecast as Trump limits card prices to 10%

Bitcoin’s price has traded tightly between $90,200 and $90,700 over the past 24 hours, currently at $90,659 as of 12:34 AM EST. BTC remained steady above $90,000, with indecisive trading between $89,000 and $94,000.

As President Donald Trump continues to excite markets with ads aimed at making housing more affordable, the president has stirred another consumer burden by requiring credit card lenders to cap interest rates at 10% for a year starting on January 20th.

Trump: We will no longer allow credit card companies to charge interest rates between 20 and 30%.

Trump: January 20 will call for capping one-year CC interest rates to 10%

– * Walter Bloomberg (@DeItaone) January 10, 2026

“Effective January 20, 2026, I, as President of the United States, call for a one-year cap on credit card interest rates at 10%,” Trump wrote on Truth Social, without providing further details.

Trump had previously made this pledge during the 2024 campaign, which he won.

“Please know that we will no longer allow the American people to be ‘ripped off’ by credit card companies,” Trump added.

The cap would primarily affect the banks that issue the cards, such as JPMorgan Chase, Citigroup and Capital One Financial, by limiting interest income. This may lead to a challenge in court, because it harms access to credit and violates market principles.

On the other hand, Bitcoin price It previously peaked at $126,000 in early October but later faced downward pressure amid global financial uncertainty. maybe Bitcoin price Still recovering to overcome the $94,000 barrier?

Bitcoin Price Analysis: Technicals support short-term rally

According to BTC/USD price chart analysis on 4-hour chart,… Bitcoin price It is currently facing long-term resistance at the $94,000 level, where historical trend movements point to an upcoming rally.

Technical indicators are also supporting the rally, with Bitcoin trading well above its 200-day simple moving average (SMA) ($89,311) and the moving averages forming a golden crossover around $89,271. The 50-day simple moving average at $91,456 is the next general resistance, putting Bitcoin under short-term pressure.

Meanwhile, Bitcoin’s RSI is showing a moment of hesitation, trading around the neutral 46 level, as the price continues to trade within the $90,000 range as of January 7.

However, the Moving Average Convergence Divergence (MACD) indicator has turned positive, with the blue MACD line crossing above the orange signal line.

With technical indicators turning positive, Bitcoin could rise above the 50-day simple moving average, with the price heading towards the $94,000 resistance area.

On the downside, a drop below $89,000 could trigger a downtrend, which could push Bitcoin towards the $87,200 support level.

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