Bitcoin price prediction: Is $90k the line in the sand?

cryptonews01-20 23:48

Bitcoin is slipping as risk-off sentiment, fading momentum and a chorus of bearish chart signals put the market on edge, with traders zeroing in on $90,000 as the make-or-break level that could decide...

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Without exaggeration, the risk does exist — but it is far from guaranteed.Bitcoin is trading around $90,658, struggling to reclaim key resistance amid macro uncertainty and market weakness.Bitcoin  is down about 2%, dropping below $92,000, it’s now under $91,000, and traders are keeping a close eye on this level — it could either hold and stabilize the price, or if it cracks, BTC might head lower.Peter Brandt, a trader with over 850,000 followers on X, added fuel to the Bitcoin debate on X, suggesting it could slide down to around $58,000–$62,000.Some on-chain data suggests Bitcoin’s upward push is losing s","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","BK4588":"碎股","BK4585":"ETF&股票定投概念","BITX":"2倍比特币期货ETF-Volatility Shares","BK4594":"比特币ETF概念","BTC":"Grayscale Bitcoin Mini Trust","BK1611":"加密货币现货ETF","BITO":"比特币期货ETF-ProShares","BK4601":"加密货币现货ETF"},"translate_title":"比特币价格预测：9万美元是底线吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"BTC":1.98,"BITO":0.6,"BITX":0.6},"content_text":"Bitcoin is slipping as risk-off sentiment, fading momentum and a chorus of bearish chart signals put the market on edge, with traders zeroing in on $90,000 as the make-or-break level that could decide whether the pullback stabilizes—or deepens.\nTable of ContentsCurrent market scenarioBrandt is bearishOn-chain data signals cooling momentumBitcoin price prediction: Key levels to watch\nWithout exaggeration, the risk does exist — but it is far from guaranteed.\n\n\nSummary\n\n\n\nBitcoin is trading around $90,658, struggling to reclaim key resistance amid macro uncertainty and market weakness.\nOn-chain data, including CoinGlass’ NRPL metric, shows cooling momentum and slower profit-taking, signaling cautious market sentiment.\nA push above $97K–$98K could restore bullish control, while losing $90K–$91K support increases the risk of a deeper pullback; next moves will shape the short- to medium-term BTC outlook.\n\n\n\nCurrent market scenario\nBitcoin (BTC) is down about 2%, dropping below $92,000, it’s now under $91,000, and traders are keeping a close eye on this level — it could either hold and stabilize the price, or if it cracks, BTC might head lower.\nBTC 1-day chart, January 2026 | Source: crypto.news\nThe pullback comes amid risk-off vibes, worries about President Trump’s tariffs, and general market weakness. Short-term support levels are giving way, signaling the bulls are losing strength. \nOn-chain data also shows profit-taking has slowed, which adds to the cautious mood.\nBrandt is bearish\nPeter Brandt, a trader with over 850,000 followers on X, added fuel to the Bitcoin debate on X, suggesting it could slide down to around $58,000–$62,000. \n\n58k to $62k is where I think it is going $BTCIf it does not go there I will NOT be ashamed, so I do not need to see you trolls screen shot this in the futureI am wrong 50% of the time. It does not bother me to be wrong pic.twitter.com/NDOuSrqLwa— Peter Brandt (@PeterLBrandt) January 19, 2026\n\nHe points to a rising wedge that’s been building for months — a classic bearish setup signaling the bulls might be losing steam.\n\nBitcoin has now become a diagonal pattern. I do NOT trade diagonal patterns. I leave these for the Elliott Wave guys who without fail after the next big move will tell us how they had it all figured out $BTC pic.twitter.com/hj04jJHdod— Peter Brandt (@PeterLBrandt) January 20, 2026\n\nHe was quick to say he’s not always right, noting he’s “wrong about 50% of the time” and that this is just a possibility. Even so, his warning has traders on edge, especially short-term ones.\nBitcoin still can’t reclaim major resistance, keeping the BTC forecast on the cautious side.\nOn-chain data signals cooling momentum\nSome on-chain data suggests Bitcoin’s upward push is losing steam. CoinGlass’ NRPL metric — which tracks trader profits — has slipped slightly negative after months of strong positive numbers.\nBitcoin NRPL metric | Source: CoinGlass\nThis tends to happen when buying interest cools off and the market is just absorbing selling. It doesn’t mean a meltdown is around the corner, but BTC could be more fragile if fresh buyers don’t jump in.\nBitcoin price prediction: Key levels to watch\nIf Bitcoin can push back above the $97,000–$98,000 range, it would signal that bulls are regaining control and could break the bearish trend, giving BTC a solid boost.\nLooking to the downside, losing channel support at $90,000–$91,000 would raise the odds of a bigger pullback for Bitcoin. That could bring in $62,000, though it’s not a guaranteed outcome.\nThe Bitcoin price prediction is looking a bit hazy right now. Bearish charts and slowing on-chain activity are warning signs, but BTC has a way of surprising traders. The next moves will be key in shaping the short- to medium-term BTC outlook.\n\n\n\n\n\n                Read more:\n            \n\n                Bitcoin shorts pile up as BTC nears key liquidation heatmap trigger","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2604209112","isCrawlerRequest":true}