On-chain data shows the Bitcoin Inter-exchange Flow Pulse (IFP) has shown early signs of a turnaround recently, suggesting tokens have started moving into derivatives platforms. Bitcoin IFP Is Turning Around, But Not Yet Inside Bull Market Zone As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin IFP has seemingly hit a bottom recently. The “IFP” is an indicator that measures the amount of BTC that’s flowing between spot and derivatives exchanges. When the value of this metric is rising, it means the investors are making a higher amount of transactions from spot to derivatives platforms. Such a trend suggests speculative interest in the market is going up. Related Reading: $790 Million In Crypto Longs Decimated As Bitcoin Plunges To $93,000 On the other hand, the indicator witnessing a decline implies traders may be pulling back on risk as they are sending a lower number of tokens to derivatives markets. Now, here is a chart that shows the trend in the Bitcoin IFP, as well as its 90-day moving average (MA), over the past decade: As displayed in the above graph, the Bitcoin IFP hit a high in the first quarter of 2025 and reversed course, suggesting speculative activity began to decline. Soon after the start of this downtrend, the metric slipped under its 90-day MA. CryptoQuant considers such a crossover to be a bearish one, labeling periods with the indicator below the 90-day MA to correspond to bear markets or corrections. Interestingly, while the cryptocurrency went on to see rejuvenation of bullish momentum and set a new all-time high (ATH) later in 2025, the market environment leaned bearish from the perspective of the IFP, with the metric’s value holding a steady downward trajectory. Recently, however, the early signs of a shift may have finally emerged, as the IFP has shown a turnaround. This increase in derivatives exchange flows has come for Bitcoin as its price has gone through a recovery surge. For now, though, the indicator is still floating at a notable distance under its 90-day MA. In the past, a break beyond this line has usually led to bullish price action for the cryptocurrency, so such a crossover could potentially be a positive sign this time as well. Whether speculative activity related to the asset will rise enough to overcome this threshold only remains to be seen. Related Reading: Bitcoin Short-Term Holders Take Profits: 41,800 BTC Sent To Exchanges Speaking of speculation, the Bitcoin Open Interest, a measure of the amount of BTC positions open on all derivatives exchanges, has surged 3.2% alongside BTC’s pullback in the past day, as CryptoQuant community analyst Maartunn has highlighted in an X post. BTC Price Bitcoin has gone through a plunge over the last couple of days that has taken its price from $95,000 to $91,200. Featured image from Dall-E, chart from TradingView.com
Bitcoin price started a fresh decline below $90,000. BTC is consolidating losses and remains at risk of more losses if it dips below $88,000. Bitcoin started a sharp decline below $92,000 and $90,000. The price is trading below $90,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $94,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it stays below the $92,000 zone. Bitcoin Price Dips 5% Bitcoin price failed to stay above the $92,500 support and started a fresh decline. BTC declined sharply below the $91,000 and $90,500 support levels. The bears even pushed the price below $90,000. A low was formed at $87,784, and the price is now consolidating losses. There was a minor recovery wave above $88,500, but the price stayed below the 23.6% Fib retracement level of the recent decline from the $95,475 swing high to the $87,784 low. Bitcoin is now trading below $90,000 and the 100 hourly Simple moving average. If the price remains stable above $88,000, it could attempt a fresh increase. Immediate resistance is near the $89,600 level. The first key resistance is near the $90,000 level. The next resistance could be $91,650 or the 50% Fib retracement level of the recent decline from the $95,475 swing high to the $87,784 low. A close above the $91,650 resistance might send the price further higher. In the stated case, the price could rise and test the $92,000 resistance. Any more gains might send the price toward the $94,000 level. There is also a bearish trend line forming with resistance at $94,200 on the hourly chart of the BTC/USD pair. The next barrier for the bulls could be $95,000 and $95,500. More Losses In BTC? If Bitcoin fails to rise above the $91,650 resistance zone, it could start another decline. Immediate support is near the $88,800 level. The first major support is near the $88,000 level. The next support is now near the $87,500 zone. Any more losses might send the price toward the $86,200 support in the near term. The main support sits at $85,000, below which BTC might accelerate lower in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $88,800, followed by $88,000. Major Resistance Levels – $91,650 and $92,000.
Bitcoin has come under renewed pressure after sliding toward the $90,600 region, putting short-term sentiment back on edge. While the move has shaken weak hands, price is now approaching a critical retest zone that could determine whether this dip is merely a shakeout or the start of a deeper correction. How BTC reacts here will likely set the tone for the next directional move. Bitcoin Slides to $90.6K As Selling Pressure Returns According to an update by Lennaert Snyder, Bitcoin has extended its downside move, dumping toward the $90,623 level. The latest decline suggests increasing near-term weakness, with expectations that the US market opening could add further pressure and keep sentiment cautious. Related Reading: Bitcoin Holds Key Support As Weekend Liquidity Sets In — $98,200 And $107,500 In Focus Despite the volatility, Snyder emphasizes the importance of patience in such conditions, waiting for clear triggers, especially as the market navigates a fragile structure after the recent sell-off. On the bullish side, a potential scalp setup emerges if BTC manages to break the M15 market structure by reclaiming the $91,265 level. Should this occur, the initial upside target is located near the $93,377 resistance, with the monthly high serving as the ultimate objective if momentum continues to build. From a bearish perspective, current prices are considered too low to aggressively pursue shorts. Instead, attention shifts to a possible retest of the $93,000 resistance zone, where short positions would only be considered after clear confirmation of rejection. Looking ahead, a clean reclaim of the $93,377 resistance would signal continuation to the upside and reopen the path toward the monthly highs. However, if no bullish reversal materializes in the near term, Bitcoin may remain range-bound and gradually grind lower through the rest of the week. Bitcoin At A Crossroads: Two Scenarios In Play Ardi outlined two possible scenarios for Bitcoin’s next major move, both centered around the key $94,000 resistance zone. This level remains the main decision point that will determine whether the market resumes its broader upside trend or rolls over into deeper downside. Related Reading: Wall Street Analyst Is Still Bullish On Bitcoin, Predicts Price Recovery Path A suggests a bullish outcome, where price pushes back into the $94,000 resistance, breaks through with strong acceptance, and continues higher toward the $100,000+ region. In this scenario, the recent downside move would be seen as a shakeout rather than a trend reversal, clearing weak hands before continuation. However, path B points to another potential fakeout into the $94,000 resistance, only to get rejected once again at the top of the range, followed by a breakdown below $90,000 and a liquidity sweep toward the $88,000 area before the next meaningful move develops. Both scenarios likely involve a retest of the $94,000 zone. The key difference lies in what happens after that test, whether price acceptance confirms strength, or rejection signals another leg lower. Featured image from Pngtree, chart from Tradingview.com
Bitcoin fell below $89,000 late Tuesday as rising macro uncertainty triggered a broad risk-off move across global markets.
On Tuesday, Bitcoin (BTC) dipped below the significant $90,000 mark once again, raising concerns about the possibility of entering a new bear market and casting doubt on the cryptocurrency’s prospects. Market analyst Raun Neuner published a new analysis of the situation in a post on X (formerly Twitter). Is $37,000 On The Horizon? Neuner highlighted that while stocks are performing robustly and commodities are experiencing what he calls a “supercycle,” the crypto market still struggles to gain traction. This situation raises the critical question: What is the worst-case scenario for Bitcoin? Related Reading: Ethereum Poised For $4,000 Breakout? Expert Pinpoints On-Chain Triggers For Potential Rally Historically, Bitcoin’s bull markets tend to peak approximately 532 days after each Halving event. Applying this pattern to the current cycle suggests that Bitcoin could have reached its peak around early October, where it briefly touched $125,000. Historical trends show that following these peaks, Bitcoin typically endures a substantial decline of 70 to 80%. If this framework holds for the current cycle, Neuner estimates a potential downturn to around $37,000 in the event of a full bear market. Zooming out to consider broader traditional market dynamics provides further context. After a year marked by strong performances in both stocks and commodities, market corrections are to be expected. During risk-off periods in equity markets, Bitcoin has historically amplified these downward moves, contributing to building pressure toward the lower end of the spectrum. The analyst indicates that a key reference point for Bitcoin might be around the $57,000 mark, where the 200-week moving average (MA) resides. Critical Bitcoin Support Levels To Watch The immediate factors contributing to Bitcoin’s recent drop below the $90,000 threshold are linked to heightened volatility in global bond and equity markets, exacerbated by geopolitical tensions. Walter Bloomberg, an expert in market analysis, pointed out that the new downtrend has been spurred by various macroeconomic factors, including renewed threats from President Trump regarding tariffs on Greenland and Japan’s fiscal strategies that have added to market instability. Related Reading: Is A New XRP Price Record Imminent? Analyst Forecast Colossal Short Squeeze Ahead Consequently, investors have turned to safe-haven assets like gold, which recently reached a record price exceeding $4,700. In response, Bloomberg warns that macro risks may be underappreciated. Demand for downside protection in Bitcoin’s options market is also rising, indicating that investors are aware of the potential for further declines. The next significant levels for the Bitcoin price in the near term, according to Bloomberg, lie between $84,000 and $85,000, which are expected to act as support for BTC. If the cryptocurrency fails to hold these levels, fears of a deep bear market may become more pronounced. Featured image from DALL-E, chart from TradingView.com
Bitcoin’s exchange-side supply signal is flashing a notable change: whale-sized transfers into Binance have dropped sharply from late-November panic levels, suggesting large holders are no longer leaning on the sell button with the same urgency. Selling Pressure From Bitcoin Whales Fade CryptoQuant contributor Darkfost said current data shows a “clear decline in whale transactions,” specifically BTC inflows to exchanges, meaning “large holders are sending significantly less BTC to trading platforms than before.” In the post, the chart focus was Binance inflows segmented by transaction size, spanning transfers from 100 BTC up to the largest prints above 10,000 BTC, flows that are commonly interpreted as potential sell-side positioning when they hit an exchange. Related Reading: Why Is Bitcoin And Crypto Down Today? Key Drivers Behind The Move The key backdrop in Darkfost’s thread is how quickly whale behavior shifted around the market’s late-2025 drawdown. “December has been particularly challenging, even for these investors,” the analyst wrote, adding that whales are typically “more cautious” and “less sensitive to market movements than retail participants,” often acting with “greater discipline and patience.” That discipline appeared to crack as Bitcoin rolled over from its latest all-time high near $126,000. Darkfost described a surge in whale inflows to Binance at the end of November as BTC “continued its correction,” with the “average monthly total” reaching “nearly $8 billion” during a period when BTC “fell back below the $90,000 level.” “This phase clearly triggered a panic-driven move,” the post said. “Transactions ranging between 100 and 10,000 BTC increased significantly, especially as price broke below the $85,000 level. This behavior reflects real stress among certain whales, who chose to sell quickly in order to limit losses, thereby reinforcing selling pressure on the market.” The crux is what changed since that cluster. “Today, the situation looks very different,” Darkfost wrote. Those Binance inflows “have been divided by three and now stand at around $2.74 billion,” with “daily movements” becoming “far less frequent than during the cluster observed at the end of November.” Related Reading: Is Bitcoin Really In A Bear Market? Why January 20 Matters The analyst framed the drop as an observable behavioral pivot rather than a single-day anomaly. “This shift in dynamics suggests that whales have changed their behavior,” Darkfost wrote. “They are no longer selling aggressively and now appear to favor waiting.” Institutional Demand Side Remains Robust While Darkfost’s post focuses on whale-associated inflows as a proxy for potential sell pressure, CryptoQuant CEO Ki Young Ju pointed investors to the other side of the ledger: institutional accumulation. “Institutional demand for Bitcoin remains strong,” Ki wrote on X. “US custody wallets typically hold 100–1,000 BTC each. Excluding exchanges and miners, this gives a rough read on institutional demand. ETF holdings included.” Ki added that “577K BTC ($53B) [was] added over the past year, and still flowing in,” characterizing the trend as ongoing rather than a completed wave. At press time, Bitcoin traded at $90,885. Featured image created with DALL.E, chart from TradingView.com
The recent price movements of Bitcoin are unfolding in a notably quiet environment and are largely absent from retail participation. Unlike past rallies that were fueled by viral speculation and surging search interest, the current advance appears to be driven by a different class of buyers. How Retail Activity Remains Muted Despite Price Movement Bitcoin is not being driven by retail emotion. An analyst known as the Master of Crypto highlighted on X that after President Donald Trump’s latest news hit the headlines, the market stayed flat for more than a day, despite BTC trading nonstop. The real move only began when Asian institutional flows entered the market, and gold followed the same pattern. Related Reading: Steak ’N Shake Doubles Down On Bitcoin With $10M Balance Sheet Boost This suggests that most breaking news explanations are written after the price has already been decided. The most concerning is that retail traders continue to pile into leverage even with clear warnings. Meanwhile, this was the third tariff-related headline from Trump, and BTC has reacted negatively to every single one. Any company that is capitalized entirely in a single fiat currency is exposed to catastrophic loss if that currency fails. Ben Werkman has pointed out that history shows that this risk repeatedly occurred with outright collapse, just like the Iranian rial, Argentine peso, Venezuelan bolívar, Zimbabwe dollar, and Lebanese pound, which have experienced severe breakdowns in purchasing power. Meanwhile, currencies like the Turkish lira and Sri Lankan rupee have undergone major devaluation cycles. When a monetary regime breaks, unhedged corporate balance sheets tend to break with it. Werkman argues that Bitcoin introduces an unprecedented hedge in this context. As a non-sovereign, globally liquid asset, BTC cannot be devalued overnight by a single policy decision or local political crisis. Companies may want to accumulate some BTC on their balance sheet, just in case these real-world events continue to happen. Key Levels That Will Define the Next Expansion Phase According to Creptosolutions, Bitcoin is now centered around the key zone of $90,000 and $92,000, an area that previously acted as strong support, after topping near $126,000. If the bullish market structure remains valid, this level must continue to hold. Related Reading: Bitcoin Price Action Turns Unsteady, Downside Threat Grow The price action here is not random. After a major rally, BTC is now compressing, suggesting that the market is building energy for the next direction. As long as the price remains above $90,000, buyers retain structural control, and another move up remains possible. If BTC sustained a break back above $103,000, it would continue surging higher. On the downside, a weekly close below $90,000 would turn the momentum negative, with a deeper drop toward the $85,000 to $80,000 zone. Currently, BTC is still moving in a narrow range and has not yet chosen a direction. This kind of behaviour usually leads to a strong move. The weekly close is more important than short-term price swings. How price behaves around the $90,000 level will provide the clearest signal of the next major move. Featured image from Pixabay, chart from Tradingview.com
Strategy (formerly MicroStrategy) acquired an additional 22,305 Bitcoin for approximately $2.13 billion between Jan. 12 and Jan. 19, continuing an aggressive accumulation campaign that has absorbed 3.38% of the top crypto's total supply. That works out to 3.55% of the circulating supply of 19.97 million coins. The purchases were executed at an average price of […]
The post Strategy just crossed 700k BTC but its “circular” Bitcoin funding loop risks a massive high-yield credit disaster appeared first on CryptoSlate.
Boundless' new verification system will initially run from the Ethereum mainnet and Base Layer 2 to Bitcoin, with plans to expand.
After a surprise bullish breakout last week, spot Gold and Silver have extended their gains. During the past 24 hours, spot Gold surged 2% to hit a fresh new all-time high of about $4,762 per ounce at press time. Spot Silver price surged 5% during the past 24 hours to hit a new ATH of …
The crypto markets are plunging! Bitcoin price slides below $90,000, while Ethereum price plunges marginally below the psychological barrier of $3000. The BNB price, which displayed significant strength by sustaining above $900, has lost its range. Besides, the other top altcoins like Dogecoin, Cardano, Solana and XRP also experience a similar upward pressure, which has …
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin’s June 26 options expiry provides a clean snapshot of how risk is being framed several months out, and the picture that emerges is one of deliberate insurance. Total open interest for the expiry sits near $3.92 billion in notional terms as of Jan. 20, with puts outnumbering calls at roughly 23.28K versus 19.87K contracts. […]
The post Bitcoin traders are dumping billions into insurance in case the price drops to $75k as June options expiry creates a high-stakes price trap appeared first on CryptoSlate.
Bitcoin is showing signs of weakness on the daily chart, raising concerns that the recent rally may have already peaked. Analysts say the price has slipped below an important upward trend line, and attention is now on how the daily candle closes to confirm whether the breakdown holds. The move comes as Bitcoin trades in …
Cryptocurrency prices fell sharply on Monday, dragging the total market value down to about $3.04 trillion, a decline of more than 3% in 24 hours. The sell-off hit major tokens including Bitcoin, Ethereum and XRP, as investors reacted to global economic uncertainty and a wave of forced liquidations. Bitcoin slipped to around $90,600, Ethereum fell …
Fresh waves of bearish forces have captivated the crypto markets. The Bitcoin price is also facing significant upward pressure since the start of the day, with the sellers attempting to drag the price into the key support range below $90,000. While the market conditions are bearish, the bigger concern for the traders is not just …
Michael Saylor’s firm, Strategy (formerly MicroStrategy), has acquired 22,305 Bitcoin for about $2.13 billion, adding to its massive corporate Bitcoin treasury. This brings the company’s total Bitcoin holdings to 709,715 BTC, acquired for roughly $53.92 billion at an average of $75,979 per Bitcoin. Strategy remains one of the largest public corporate holders of Bitcoin, reinforcing …
Strategy's increased Bitcoin holdings may influence market dynamics and investor strategies, highlighting the growing corporate interest in crypto.
The post Strategy acquires $2.1B in Bitcoin, holdings top 709,000 BTC appeared first on Crypto Briefing.
Strategy's holdings account for more than 3% of the total 21 million bitcoin supply — worth around $64.5 billion.
The Bitcoin (BTC) price today is under increasing pressure, as several factors suggest a possible sharp correction. While the short-term price movement remains unclear, the overall market structure appears weak. Veteran trader Peter Brandt recently said BTC Price could still drop towards the $58,000–$62,000 range. Bitcoin Bull Run Already Over One of the biggest concerns …
Bitcoin has shown early signs of calm, but the mood is fragile. Prices pulled back from a weekend peak and trading has been choppy as investors weigh fresh tariff headlines and slowing growth in parts of Asia. Related Reading: Bitcoin Senses Risk As Trump Balks At Europe With Major Tariffs Spot Market Signals Ease According to Glassnode, spot trading volume has picked up modestly while the net buy–sell imbalance moved above its usual upper band. That shift points to less sell-side pressure, even if demand is still patchy. Reports note that markets are slowly rebuilding after late-2025 profit-taking, with long-term holders less willing to sell every rally. The result is a market that is consolidating rather than breaking down. Derivatives Stress And A Sharp Retest Over the weekend Bitcoin slid by 3.2% from its high, prompting a retest of the $92,000 level that surprised some bulls. That move wiped out about $215 million in leveraged futures longs, a large hit that raised alarms about deeper losses. Source: Glassnode At the same time, weak activity in derivatives markets has flagged a cooling of speculative appetite, which makes it harder for Bitcoin to act as a reliable hedge right now. Nasdaq futures fell after US President Donald Trump announced new tariff proposals aimed at several European countries, and such macro shocks often push traders out of riskier holds. Liquidity Patterns Echo Past Cycles Analysts at Swissblock pointed to a fall in network growth and liquidity that looks similar to conditions seen in 2022. Back then, low liquidity and a pause in growth led to a long consolidation, only for both indicators to surge later and fuel a big price run. Based on reports, the current setup could be the prelude to a similar rebuild if network activity recovers and buy-side momentum strengthens. Network growth has hit lows not seen since 2022, while liquidity continues to drain. Back in 2022, similar network levels triggered a $BTC consolidation phase as network growth began to recover, even while liquidity remained weak and bottoming out. History shows that the… pic.twitter.com/24sC3aoyAD — Swissblock (@swissblock__) January 19, 2026 Institutional Flows And Hedge Narratives Analysts said that ETF flows show institutions buying on pullbacks and that long-term holders are not rushing to sell. Gold has climbed past $4,650, and that safe-haven move, together with softer growth data in China, is nudging some investors to treat Bitcoin as a portfolio hedge rather than a quick trade. A Cautious Outlook Overall, signs point to a slow rebuild rather than a fresh breakout. Buy-side dynamics have improved, but they are not yet strong or broad enough to call a new uptrend. Volatility remains a feature, and geopolitical or policy shocks could push price swings wider. Related Reading: Bitcoin Bulls Fired Up As Saylor Teases ‘Bigger Orange’ After Huge Buy For the time being, the market is steadying while staying watchful — more recovery in liquidity and clearer institutional conviction would be needed to turn this consolidation into a lasting advance. Featured image from Gemini, chart from TradingView
A Supreme Court decision on Trump’s tariffs is coming up, and it’s rattling markets again. Traders are even pricing in a high chance, around 70%, that the court could rule the tariffs illegal. That uncertainty has led to a pause in the crypto market. The Bitcoin price has already dipped below $92,000, sliding approximately 6% …
Bitcoin continues to decline in a downturn triggered by concerns of a potential trade war between the U.S. and the EU.
A Bitcoin whale that had remained inactive for 13 years has moved 909.38 BTC, worth approximately $84.62 million, to a new wallet, according to on-chain analytics. These coins were originally purchased for under $7 each, resulting in a staggering 13,900× increase in value. The transfer was not sent directly to an exchange, indicating the holder may be …
Bitcoin is down 36% from its recent peak, and the “bear market” label is already circulating across crypto X. But in a thread on Sunday, trader Cristian Chifoi argues that calling a regime shift on the drawdown alone misses the more tradable signal: what happens after the first meaningful rebound, and how price behaves around a tight set of time-based “seasonality windows.” Chifoi’s core claim is that many commentators default to reactive narratives after volatility has already printed. “The simplest way to determine if the Bitcoin bear market has started is not after we had a 36% correction, as all of crypto analysts online suggest,” he wrote. “The same analysts that suggested a supercycle in November 2021 on, while the price was pumping 100%+.” In his framing, the bear-market question is less about the magnitude of the drop and more about whether any bounce that follows looks like strength or a structurally weak countertrend move that fails over time. Is Bitcoin In A Bear Market? Chifoi’s first lens is a cross-check between Bitcoin and USDT dominance (USDT.D), which he describes as an “inverted BTC chart” used as a confluence signal. He also emphasizes timing as the primary indicator, arguing the drawdown has already met a minimum duration he tracks across cycles. Related Reading: Bitcoin Tailwind: Cathie Wood Sees ‘Reaganomics On Steroids’ Ahead “If you are a trader or not, I also suggest you use time as your first indicator, and price as the second,” he wrote. “We had a 77 day correction from top to bottom already. The price couldn’t get lower. That is the signal, rest is noise.” From there, his bear-market confirmation playbook hinges on how far Bitcoin can bounce and how long it can sustain momentum. He outlines USDT.D targets: first around 5.5%, then lower levels like 4.7% and maps them to potential BTC levels. A push “lil’ over 100k,” he said, could still qualify as a “dead cat bounce” if it persists for weeks without follow-through. In that case, the bounce itself becomes evidence of weakness rather than a green light for a renewed uptrend. His second scenario is more uncomfortable for both “cycle is dead” skeptics and early-bear callers: Bitcoin makes a higher high, potentially into the $115,000–$120,000 range, but then stalls out over a multi-week window. Even that, in Chifoi’s view, could be consistent with a bear-market transition if time passes and price cannot “deliver more gains,” turning a nominal breakout into a distribution-like top. “It is the same game!” he added, arguing that traders should be watching for the same failure mode at different price levels rather than anchoring to a single number. Chifoi’s second framework is seasonality, centered on a window around January 20 (plus or minus a few days) extending into late March or early April. He says he has been tracking this as a primary decision point since the start of 2026, and frames it as a fork between two paths: either Bitcoin rallies into that date to set a pivot high and roll over, or it forms a pivot low around that date and then pushes higher into the next time pivot. “A pump into the January 20, over $100-$110k would mean a pivot high and the continuation down into next time pivot,” he wrote. The alternative, he said, is “January 20 pivot low, and then continuation up to next time pivot,” adding he is watching this week’s price action “until Friday” for confirmation. Related Reading: Bitcoin Short-Term Holders Take Profits: 41,800 BTC Sent To Exchanges At the time of writing, Chifoi leans toward the latter interpretation. “For now it seems pretty clear that we are developing a pivot low, and the next move is the opposite one versus what we had from October 6th until now,” he said. Chifoi positions most market participants into two “camps”: those calling for a supercycle or declaring the cycle framework broken, and those asserting a bear market began in October and ends in October 2026 “just like 2022.” He argues both could get forced into poor positioning if Bitcoin prints a new high in the coming weeks before selling off after April. His own risk case is broader and more time-focused: a new high followed by a sustained decline into late 2026 or early 2027, which he calls his “next important time pivot.” In that context, the operational takeaway is less about predicting a bear market today and more about letting the next rebound and the January-to-spring window define whether this is a reset inside a broader uptrend or the start of a longer distribution-to-downtrend transition. “Pay attention these next few weeks,” Chifoi wrote. “I do not know what will happen, but the plan is already set up and will adapt my positioning accordingly, whichever scenario plays out, because I already know what to do in either of the cases.” At press time, BTC traded at $92,836. Featured image created with DALL.E, chart from TradingView.com
According to market reports, US President Donald Trump announced a punitive tariff plan aimed at several European allies. The move sent a clear warning to traders and policy makers alike. Stocks and crypto fell as investors shifted to assets they see as safer. Gold climbed, and some currencies strengthened as a reaction to the risk. Related Reading: Bitcoin Bulls Fired Up As Saylor Teases ‘Bigger Orange’ After Huge Buy Markets Feel The Shift Trading floors showed quick reactions. Bitcoin slipped by about 3% and traded in the low-$90,000 range for a time, while equity futures weakened. Safe havens were bought up. Precious metals recorded gains. Based on reports from market outlets, liquidations hit crypto platforms hard, with roughly $750 million to $875 million of leveraged long positions closed out in the first wave of selling. That added extra downward pressure on prices and raised volatility for hours after the announcement. Tariff Timetable And Targets Trump said an extra 10% tariff would start on February 1st, 2026 for goods from eight countries that opposed his Greenland stance, with the level set to rise to 25% by June if talks do not move forward. The affected nations include Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and the UK. Governments in Europe reacted with firm language and warned of counters. Officials in Brussels hinted at possible measures that could hurt US exporters if tensions deepen. Trade policy is now back in the spotlight and crossing multiple political lines. We don’t always agree with the US government and in this case we certainly don’t. These tariffs will hurt us. If Greenland is vulnerable to malign influences, then have another look at Diego Garcia. https://t.co/z0r0IUlD6I — Nigel Farage MP (@Nigel_Farage) January 17, 2026 How This Played Out In Crypto Crypto traders saw the headlines and reacted quickly. Positions that had been built with margin were trimmed or forced closed. Some funds favored reducing exposure to volatile tokens, while others bought the dip on the theory that shocks like this are temporary. Over short stretches, Bitcoin behaved more like a risk asset, moving with stocks rather than acting as an independent store of value. Over longer stretches, some analysts argue that policy shocks which raise inflationary expectations could boost demand for scarce assets, though that view depends on many economic moves that may follow. Related Reading: What’s Driving The $1.42 Billion Comeback In Spot Bitcoin ETFs? What Traders Are Doing Reports say market makers tightened spreads and liquidity pools thinned during the worst of the volatility. Large orders were matched more slowly and price swings widened. Some institutional desks paused trading for a few moments to reassess risk models, while retail traders watched charts and reacted to alerts. A few hedge desks took the chance to rebalance toward commodity exposure. Others focused on scenario planning, mapping out how retaliatory tariffs or sanctions might affect specific sectors. Featured image from Unsplash, chart from TradingView
The wallet accumulated its bitcoin between December 2012 and April 2013, when it traded as low as $13 to a peak of approximately $250.
Bitcoin price started a fresh decline below $94,000. BTC is consolidating losses and remains at risk of more losses if it dips below $91,500. Bitcoin started a sharp decline below $94,000 and $93,000. The price is trading below $93,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $94,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it stays below the $94,000 zone. Bitcoin Price Turns Red Bitcoin price failed to stay above the $93,500 support and started a fresh decline. BTC declined sharply below the $93,000 and $92,500 support levels. The bears even pushed the price below $92,000. A low was formed at $91,866, and the price is now consolidating losses. There was a minor recovery wave above the 23.6% Fib retracement level of the recent decline from the $95,475 swing high to the $91,866 low. However, the bears remained active near $93,200. Besides, there is a bearish trend line forming with resistance at $94,600 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $93,000 and the 100 hourly Simple moving average. If the price remains stable above $92,000, it could attempt a fresh increase. Immediate resistance is near the $92,800 level. The first key resistance is near the $93,200 level. The next resistance could be $93,650 or the 50% Fib retracement level of the recent decline from the $95,475 swing high to the $91,866 low. A close above the $93,650 resistance might send the price further higher. In the stated case, the price could rise and test the $94,000 resistance. Any more gains might send the price toward the $94,500 level. The next barrier for the bulls could be $95,000 and $95,500. Downside Break In BTC? If Bitcoin fails to rise above the $93,650 resistance zone, it could start another decline. Immediate support is near the $92,000 level. The first major support is near the $91,800 level. The next support is now near the $91,200 zone. Any more losses might send the price toward the $90,500 support in the near term. The main support sits at $90,000, below which BTC might accelerate lower in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $92,000, followed by $91,800. Major Resistance Levels – $93,650 and $94,000.
Reports say global exchange-traded products tied to crypto pulled in about $2.2 billion in net inflows during the latest week, a jump that marked the strongest weekly move since October last year. Bitcoin-focused funds took the lion’s share, while Ether and a handful of altcoin products also saw fresh money enter. Related Reading: What’s Driving The $1.42 Billion Comeback In Spot Bitcoin ETFs? Rising Appetite For Bitcoin And Ether According to CoinShares, Bitcoin-led products accounted for most of the inflows, while Ether-linked ETPs grabbed a meaningful slice of new capital as well. Many investors treated these products as an easier way to get exposure to crypto without owning coins directly. The pattern points to growing comfort among big traders and funds with exchange-traded wrappers. Some Flows Came As Prices Moved The uptick in cash into ETPs coincided with a fresh push higher in prices for core tokens. Traders who had been on the sidelines made buys after recent rallies, and funds that track these assets reported higher trading volumes. That increase in trade activity helped push the headline inflow number into view. A few market watchers said the move looked like accumulation by longer-term holders, while others warned that part of the money could be short-term positioning around events and news. Ease Of Access Draws Institutional Money For many institutions, these products are more familiar than direct custody of crypto. Brokers and wealth managers can put them on client platforms with the same tools they use for stocks and bonds. Some banks and advisers have started to offer these ETPs as part of broader portfolios, which has helped open a new tap of capital. That said, differences in rules across countries still shape where the biggest flows land. Where The Money Went And What It Means Bitcoin ETPs were the main beneficiaries, taking most of the $2.2 billion. Ether funds also saw healthy inflows, and a small number of altcoin products attracted fresh cash. Related Reading: Bitcoin Bulls Fired Up As Saylor Teases ‘Bigger Orange’ After Huge Buy The data shows demand is not limited to a single corner of crypto anymore. Instead, investors are spreading bets across the biggest names while a few niche tokens get tested. This could mean more stable demand for core products, even when smaller tokens wobble. Featured image from Unsplash, chart from TradingView
The reactivation of dormant Bitcoin whales can lead to market volatility, influencing investor sentiment and potential price fluctuations.
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