As of January 28, 2026, BTC is currently trading at approximately $88,000. The recent market has experienced a deep correction, retracing about 10% from the January high of $97,930. Technically, the psychological barrier of $90,000 has turned into a strong resistance after being breached, and the daily moving averages are showing a death cross, indicating short-term downside risks remain. The key support levels are seen in the $85,000 - $86,000 range.
On the macro front, the strength of the US dollar index and geopolitical volatility have suppressed the performance of risk assets. Although ins
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