$BTC #ZTCBinanceTGE #ZTCBinanceTGE #ETHWhaleWatch #CPIWatch #USJobsData trades around $90,000–$92,000, down approximately 2–2.5% over the last 24 hours. This follows a pullback from an early-January high near $94,700, where BTC surged over 8% to start the year on renewed ETF inflows and bullish sentiment.

Key Price Action Today

BTC briefly dipped below $90,000 (touching ~$89,560 in some reports) amid broader crypto market correction.

It has since stabilized in the low $90,000s, with support holding around the $90,000 psychological and horizontal level.

The drop ties to macroeconomic pressures, including risk aversion from global tensions and uncertainty around Fed rate cuts, plus profit-taking after the initial 2026 rally.

Technical Outlook

Short-term bearish pressure — Moving averages and recent candlesticks show downside momentum, with failure to close above $94,000–$95,000 resistance.

Potential bullish reversal signs — The $90,000 support holds firm so far. A daily close above this could signal buyers stepping in, targeting a retest of $94,000.

If support breaks, next downside targets could be $88,000–$90,000 zone (prior consolidation area).

Overall, BTC remains in a broader uptrend from late 2025, but early 2026 volatility highlights macro risks overriding momentum.

Here are recent daily/weekly charts illustrating the early 2026 price action, pullback from highs, and key levels:

Longer-term, analysts see potential for $100,000+ in coming months if bullish catalysts (e.g., policy support) emerge, but near-term caution prevails due to the ongoing correction. Monitor $90,000 support closely today.