WHAT'S THE WAY FORWARD FOR BITCOIN?
PUMPING OR DUMPING SOON ? FIND OUT HERE:
As of January 27, 2026, Bitcoin ($BTC ) is trading around $87,700 - $88,600 (With a live price of $88,300 at the time of writing) showing signs of consolidation after recent volatility. The cryptocurrency has been under pressure from macroeconomic factors, geopolitical tensions (such as U.S.-Iran issues), and market rotations away from risk assets. This has led to a choppy trading environment, with BTC struggling to reclaim higher levels like $90,000 while defending key supports. Short-Term Price Movement (1-30 D
BTC's first resistance level for this rebound is 90.5-91K. If the rebound fails, it will follow the blue downward trend. If it breaks above 90.5-91K, we can expect it to continue upward to 93K, then follow the red downward route. The 93K level has a CME gap and is also an important 0.618 retracement resistance, making it a good medium-term shorting point. Before Powell's speech at 3 a.m., consider holding a cash position and observing. Only if there are signs of upward or downward breakdown should you consider entering the market.
Similarly, pay attention to resistance around 3060 and 3200 for Ethereum.