Bitcoin dropped below the critical $90,000 support before recovering to $94,859, signaling bearish momentum. Historically, January post-halving years have been challenging for Bitcoin, with 30% and 25% drops in January 2017 and 2021, respectively, followed by new all-time highs later in those years.<\/p>\n\n\n\n
The S&P 500 (SPX) is also under pressure as a stronger US Dollar Index (DXY) and reduced expectations for rate cuts weigh on risk assets. The CME FedWatch Tool shows only a 2.7% chance of a 0.25% rate cut this month.<\/p>\n\n\n\n
Despite short-term volatility, institutional confidence remains strong. MicroStrategy added 2,530 Bitcoin at an average price of $95,972, raising its holdings to 450,000 BTC. Historical patterns and continued accumulation suggest Bitcoin\u2019s long-term prospects remain intact.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitcoin dropped below the critical $90,000 support before recovering to $94,859, signaling bearish momentum. Historically, January post-halving years have been challenging for Bitcoin, with 30% and 25% drops in January 2017 and 2021, respectively, followed by new all-time highs later in those years. The S&P 500 (SPX) is also under pressure as a stronger US […]<\/p>\n","protected":false},"author":93,"featured_media":42996,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-43786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment\/financial advice from CoinSwitch. Any action taken upon the information shall be at the user\u2019s risk."},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=43786"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43786\/revisions"}],"predecessor-version":[{"id":43790,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43786\/revisions\/43790"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/42996"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=43786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=43786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=43786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}