Tuesday, 20 January 2026

Update 2 #Bitcoin BTC Price News Today 20-1-2026

#Bitcoin BTC Price News Today 20-1-2026 - Elliott Wave and technical analysis of #BTC, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.

Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple! Learn more >>

Bitcoin (BTC) is trading at approximately $91,099 as of January 20, 2026, marking a roughly 2.2% decline over the last 24 hours. The market has retraced from recent highs near $98,000, hit by a risk-off move driven by renewed U.S.–EU trade tensions and geopolitical uncertainty regarding Greenland. Buy Bitcoin >>



Key Market Insights

--Macro Headwinds: Selling pressure intensified during the Asia session as U.S. equity futures fell and trade war rhetoric re-emerged.

--Technical Pressure: BTC has fallen below its 50-day EMA of $92,345, with some analysts flagging a "death cross" that could lead to further pullbacks toward $86,000 or even $58,000.

--Whale Activity: A Bitcoin whale wallet that had been inactive for 12 years moved a fortune worth $84 million on January 19, 2026.

--Volatility Outlook: Options data suggests a 30% chance that Bitcoin could trade below $80,000 by June 2026, as high interest rates and global borrowing costs continue to weigh on risk assets.
Buy Bitcoin >>