Bitcoin price prediction as Trump caps card rates at 10%

Bitcoin price has been trading closely between $90,200 and $90,700 over the past 24 hours, currently at $90,659 as of 12:34 a.m. EST. BTC held above $90,000, trading indecisively between $89,000 and $94,000.

As President Donald Trump continues to shake up markets with announcements to make housing more affordable, the president has further shifted the burden to consumers by demanding that credit card lenders cap interest rates at 10% for one year starting January 20.

TRUMP: WILL NO LONGER LET CREDIT CARD COMPANIES CHARGE INTEREST RATES OF 20-30%

TRUMP: JANUARY 20 WILL CALL FOR ONE-YEAR CAP ON CC INTEREST RATES AT 10%

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

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

Trump had already made this commitment during the 2024 campaign, which he won.

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

The cap would primarily affect banks that issue cards, such as JPMorgan Chase, Citigroup and Capital One Financial, by limiting their interest income. This could give rise to a challenge in court, as it undermines access to credit and violates market principles.

On the other hand, The price of BTC It had previously peaked at $126,000 in early October, but then faced downward pressure amid global financial uncertainty. Can the price of Bitcoin rise further to cross the $94,000 mark?

Bitcoin Price Analysis: Technicals Support Short-Term Rally

According to the BTC/USD chart analysis on the 4-hour chart, the BTC Price is currently facing extended resistance at the $94,000 level, with historical trend movements suggesting an upcoming rally.

Technical data also supports a strong upside, with Bitcoin trading well above the 200-day simple moving average (SMA) ($89,311) and the moving averages forming a golden cross around $89,271. The 50-day SMA at $91,456 is the next overhead resistance, putting BTC under pressure in the near term.

Meanwhile, the Bitcoin Relative Strength Index shows a moment of indecision, trading around the neutral 46 level, as the price continues to trade in the $90,000 range as of January 7.

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

As technical data turns positive, Bitcoin could surpass the 50-day SMA with the price heading towards the $94,000 resistance zone.

On the other hand, a decline below $89,000 could trigger a downtrend, potentially pushing Bitcoin towards the $87,200 support.

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