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Strike Gold by Sharing Your TradFi Orders and Pictures!
Post on Gate Square and split $10,000 in rewards!
The TradFi Gold Lucky Bag is now live—1g of real gold every 10 minutes. Trade nonstop, win nonstop!
👉 https://www.gate.com/announcements/article/49357
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🚨 Market Alert: Bitcoin (BTC) Dips Below $90,000! 📉
The crypto market is experiencing a significant pullback today as global macro fears spark a broad risk-off move. Bitcoin has fallen below the key psychological level of $90,000.
Here’s what you need to know on January 21, 2026:
Current Price: BTC is trading around $88,000 - $89,000 (approx. IDR 1.5 Billion).
Market Drivers: The drop is fueled by ongoing geopolitical tensions (like the US-EU dispute over Greenland tariffs) and a sell-off in traditional markets, including Japanese government bonds.
Technical Outlook: The price is testing critical support around $88,000. A potential break below this could see further downside pressure towards the $85,000 support zone.
Institutional Confidence: Interestingly, on-chain data indicates that "whales" and large holders are accumulating more BTC during this dip, signaling strong long-term confidence despite short-term volatility.
The Bottom Line: Volatility is high. While short-term pressure is bearish, long-term analysts like Fundstrat's Tom Lee remain optimistic, projecting BTC could still hit $250,000 this year.
Stay informed and manage your risk! 🧠💎
What are your thoughts on the current dip? Time to HODL or BTFD (Buy The F**king Dip)? 👇
#Bitcoin #BTC #CryptoNews #BTCUSD #btc