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Today, January 22, 2026, Bitcoin (BTC) is exhibiting a cautious recovery, currently trading around $90,000. After a period of "Extreme Fear" (Index at 20), price action has stabilized above the $88,000 support level. Technically, BTC is testing the 50-day moving average as resistance. While the long-term trend remains structurally bullish after reclaiming $90k, the short-term outlook is neutral-to-bearish as it struggles with a falling trend channel. A decisive daily close above $92,000 is needed to confirm a shift in momentum; otherwise, the market may see further consolidation or a sweep of lower liquidity.
Key News Factors
Geopolitical Relief: Market sentiment improved after Donald Trump withdrew tariff threats against EU nations following productive NATO discussions, stabilizing "risk-on" assets like BTC.
Institutional Shift: Jefferies Financial Group recently removed BTC from its model portfolio, citing long-term concerns over quantum computing, which has sparked debates about "digital gold" security.
Leverage Washout: $24-hour liquidations have dropped significantly to $626 million, suggesting that much of the excess leverage has been flushed, allowing for a more organic price move.
🎯 Professional Trading Zones
Zone Type,Price Range,Strategy/Notes
Primary Buy (Support),"$88,400 – $89,000",Major floor of the current rectangle formation. Traders look for long entries here.
Deep Buy (Support),"$85,400 – $86,000","The ""Must-Hold"" zone. Corresponds to recent month lows and heavy institutional interest."
Immediate Sell (Resistance),"$92,900 – $93,500",Key resistance zone and upper boundary of the sideways range. High sell pressure expected.
Major Sell (Resistance),"$96,800 – $98,000",Target for breakout traders. Reaching this zone would signal a trend reversal to full bullish.
Possible Next Move: BTC is likely to oscillate between $88,400 and $93,000 in the next 24-48 hours. A break below $88,000 could lead to a quick retest of $85,000, while a break above $93,000 targets $97,000.
#GateTradFi1gGoldGiveaway $BTC