#Bitcoin BTC Price News Today 19-1-2026 - Elliott Wave and technical analysis of #BTC, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
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Bitcoin (BTC) is trading at approximately $92,835 as of January 19, 2026, down roughly 2.8% over the past 24 hours. The price fell below the key $92,000 support level earlier today, primarily driven by market anxiety following a proposal for new trade tariffs on several European countries. This geopolitical tension triggered over $824 million in liquidations across the crypto market as investors pivoted toward haven assets like gold and silver.
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Key Market Drivers
--Tariff Impact: Markets reacted sharply to news that new tariffs of 10% to 25% could be imposed on European goods starting February 1, weighing heavily on risk assets including Bitcoin.
--Mass Liquidations: The sudden price drop from an intraday high of $95,467 led to massive liquidations in the futures market, with traders losing approximately $870 million in just four hours, mostly from long positions.
--Network Health: The Bitcoin mining difficulty is projected to decrease by 4%, marking the seventh negative adjustment in recent cycles as hashrate has dropped 15% from its October 2025 peak.
--Institutional Activity: Despite the volatility, institutional interest remains a focus. Some companies, such as Steak 'n Shake, recently added Bitcoin to their treasuries, while US spot ETFs reported outflows of nearly $395 million today.
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