News
22 Jan 2026, 02:17
Bitcoin Price Defends Support As Traders Question Next Upside Push

Bitcoin price started a fresh decline below $89,500. BTC is consolidating losses and might attempt a recovery wave if it clears $92,000. Bitcoin started another drop below $90,000 and $89,000. The price is trading below $90,500 and the 100 hourly Simple moving average. There are two bearish trend lines forming with resistance at $90,300 and $93,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it stays below the $92,000 zone. Bitcoin Price Dips To New Weekly Lows Bitcoin price failed to stay above the $91,000 support and started a fresh decline . BTC declined sharply below the $90,000 and $89,500 support levels. The bears even pushed the price below $88,000. A low was formed at $87,200, and the price is now consolidating losses. There was a minor recovery wave above $89,200 and the 23.6% Fib retracement level of the recent decline from the $95,475 swing high to the $87,200 low. Bitcoin is now trading below $90,500 and the 100 hourly Simple moving average . If the price remains stable above $88,000, it could attempt a fresh increase. Immediate resistance is near the $90,500 level. Besides, there are two bearish trend lines forming with resistance at $90,300 and $93,000 on the hourly chart of the BTC/USD pair. The first key resistance is near the $91,000 level. The next resistance could be $91,350 or the 50% Fib retracement level of the recent decline from the $95,475 swing high to the $87,200 low. A close above the $91,350 resistance might send the price further higher. In the stated case, the price could rise and test the $93,000 resistance. Any more gains might send the price toward the $94,000 level. The next barrier for the bulls could be $95,000 and $95,500. Another Decline In BTC? If Bitcoin fails to rise above the $91,350 resistance zone, it could start another decline. Immediate support is near the $89,150 level. The first major support is near the $88,000 level. The next support is now near the $87,200 zone. Any more losses might send the price toward the $86,500 support in the near term. The main support sits at $85,500, below which BTC might accelerate lower in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $89,150, followed by $88,000. Major Resistance Levels – $91,350 and $92,000.
22 Jan 2026, 02:00
Is Bitcoin Selling Off On Quantum Fears? A Reality Check

Bitcoin’s Tuesday slide to $87,895 has revived a familiar market habit: attaching a single, clean narrative to messy positioning, flows, and reflexive price action. This time, the culprit making the rounds is quantum computing, a potentially “existential threat” that’s supposedly explaining Bitcoin’s underperformance versus gold which has printed a new all-time high at $4,888. The quantum angle picked up steam after a post by Nic Carter, a partner at Castle Island Ventures. Carter wrote: “Bitcoin’s “mysterious” underperformance (due to quantum) is the only story that matters this year. The market is speaking the devs aren’t listening,” and shared a tweet about the news that Wall Street strategist Christopher Wood removed a 10% Bitcoin allocation from a model portfolio due to concerns that quantum computing could undermine Bitcoin’s long-term value proposition. Is Bitcoin Falling On Quantum Fears? Not everyone buying the premise is buying the price-action conclusion. Well-known Bitcoin advocate Vijay Boyapati, while acknowledging quantum computing as a real issue, pushed back on using it as the primary explanation for why Bitcoin is stalling and selling off. Related Reading: Bitcoin Whale Panic Fades: Sell Pressure On Binance Falls Off A Cliff “While I agree QC is a legitimate concern… I think the price stalling invites narratives to fill the explanatory void when, imo, the real explanation is really just the unlocking of an enormous supply once we hit a magic number for a lot of whales (100k),” Boyapati wrote. “Prices increasing are like waves hitting a glacier – eventually a chunk of supply breaks off and crashes onto the order books.” Boyapati’s broader point is that market structure can do plenty of damage on its own once a big level triggers distribution and confidence cracks. “Given the path dependent nature and feedback loops involved in a bull run sustained on narratives… the price stalling then causes people to doubt that Bitcoin will continue to go up and this then results in more selling until you get an equilibrium of supply and demand at some lower price point,” he added. “This is what happens during Bitcoin bear markets – and I think we’re in one.” James Check, a prominent Bitcoin on-chain analyst, co-founder of Check on Chain, and former Lead Analyst at Glassnode, largely sided with the view that quantum risk may be a background constraint on some capital, but not the dominant driver of the gold-versus-Bitcoin divergence. Related Reading: Tom Lee Still Sees Bitcoin At $250,000 But Warns 2026 Gets ‘Jagged’ “QC keeps some capital away, but this argument that gold is up and Bitcoin is down because of it just isn’t it,” he wrote. “Gold has a bid because sovereigns are buying it in place of treasuries. The trend has been in place since 2008, and accelerates after Feb-22.” He also highlighted the supply-side pressure Bitcoin has already absorbed. “Bitcoin saw sell-side from HODLers in 2025 which would have killed every prior bull thrice over, and then once more,” Checkmate said. The policy takeaway, in his view, is practical but limited: quantum preparedness matters, but attributing every downturn to it doesn’t help traders understand what’s actually clearing the market. In a short market update posted via Checkmate’s analytics brand Checkonchain, the immediate trigger for the move was described in leverage terms rather than existential risk. Bitcoin “sold back down into the high $80ks,” with “the bears taking a bunch of leveraged long traders out to the woodshed,” the note said, estimating that around $260 million in leveraged long exposure was wiped. Technically, the desk framed the structure as still resembling a bear flag, with a “clear supply air-pocket” between $70,000 and $81,000, language that points to thin bid support if sellers regain control. At press time, BTC traded at $88,890. Featured image created with DALL.E, chart from TradingView.com
22 Jan 2026, 02:00
Bitcoin As Bonus: Steak ’n Shake Rolls Out BTC Pay Perks For Workers

American fast food chain Steak ‘n Shake has announced that all hourly employees will receive a Bitcoin bonus starting on March 1st. Steak ‘n Shake Integrates Bitcoin Bonus Payments Steak ‘n Shake will pay all hourly employees at its company-operated restaurants a bonus in Bitcoin for every hour of work, as revealed by the company’s official X handle . Steak ‘n Shake, primarily based in the United States, is a fast food chain that mainly serves burgers and milkshakes, with its flagship item being the Steakburger. Back in May 2025, the firm opened itself to Bitcoin, allowing customers to pay at all its locations using the cryptocurrency. Last Friday, Steak ‘n Shake provided an update on the scheme, noting that same-store sales have dramatically increased for the company since it started accepting BTC. The firm added that all of its BTC sales go into its Strategic Bitcoin Reserve (SBR) and announced that it expanded this reserve by an additional $10 million in notional value in that same update. “We have created a self-sustaining system — growing same-store sales that grow the SBR,” wrote the company. “Improving food quality expands Steak n Shake’s reach and leverages Bitcoin into a new and delicious dimension.” Now, it seems Steak ‘n Shake has taken its BTC acceptance a step further with the employee bonus integration. According to the announcement, all hourly employees will receive $0.21 BTC for every hour worked. However, only workers who have passed a two-year vesting period will be able to collect their digital asset pay. Steak ‘n Shake credited Fold for providing assistance on the initiative. Fold is a financial services platform that offers, among other features, a debit card allowing users to earn BTC rewards on payments. The Bitcoin bonus program is set to go live on March 1st. “We take care of our employees; they, in turn, take care of customers; and the results take care of themselves,” said Steak ‘n Shake. In some other news, institutional demand for Bitcoin has remained strong recently, according to CryptoQuant founder and CEO Ki Young Ju . To track the behavior of these large entities, Young Ju has referred to the supply of addresses carrying between 100 and 1,000 BTC. “US custody wallets typically hold 100-1,000 BTC each,” explained the CryptoQuant founder. “Excluding exchanges and miners, this gives a rough read on institutional demand.” As the chart below shows, the supply of this investor segment has shown significant growth in recent months. In total, Bitcoin wallets in the 100 to 1,000 tokens range have collectively added 577,000 BTC (roughly worth $51.5 billion) to their holdings over the past year. So far, this accumulation hasn’t shown signs of slowing down. BTC Price At the time of writing, Bitcoin is floating around $89,200, down 6% in the last seven days.
22 Jan 2026, 02:00
Bitcoin Price Prediction: Is It Too Late To Buy BTC, and Why Mutuum Finance Could Be the Best Cheap Crypto To Invest In?

Bitcoin dropped drastically and lost nearly $4,000 following the announcement of new trade tariffs. A lot of individuals believe that Mutuum Finance (MUTM) is the most suitable cryptocurrency to invest in to grow in the long run. It is also perceived as a new crypto with a good strategy. A little initial investment may develop into a big one, according to analyst predictions. To this effect, MUTM could increase the total value to greater than $20,000 in just one year should you invest $500 in it today. That is why some are calling it the best crypto to buy now and a possible top choice. The Current Volatility Problem of Bitcoin Bitcoin fell due to borrowed money from many traders. When the price came down they had to sell quickly, and this led to the price falling even further. In just 1 hour over $500 million was lost. This indicates that Bitcoin is still highly responsive to news and changes in the trading market, making it difficult to predict. As we have seen, for new buyers, easy gains may be gone. Many now seek to find a new crypto that actually has a use. This change is the reason why some try turning to a DeFi crypto such as Mutuum Finance. Many call it the best crypto to invest in, a trusted new crypto, and a growing top crypto. Mutuum Finance Presale: A Once in a Lifetime Opportunity Mutuum Finance is undergoing Phase 7 of its presale. The price is $0.04 per token. This phase is selling fast and will soon be over, leading to Phase 8, which will start at $0.045. That’s almost a 20% advantage for a buyer who invests today. The launch price is $0.06. That means buyers getting in today will see an ROI that can turn as little as $300 into $450 at launch. Mutuum Finance has raised more than $19.88 million and boasts over 18,800 token holders. No more tokens will be made, which helps long-term value. Because of this setup, many view it to be the best crypto to buy now and the top crypto to keep an eye on. Liquidity Mining Liquidity mining offers users another means of earning. Users add funds to the platform and are paid back in yields when borrowers seek loans. For example, an addition of $20,000 might get 10% APY on MUTM over a year, which would be $2,000 in rewards. Upon compounding over several years, the initial $20,000 may even become $100,000. Presale Rewards Mutuum Finance (MUTM) has a daily leaderboard, and the top buyer of the day wins a $500 MUTM bonus. This adds fun and income. There is also another giveaway that will award 10 participants in the presale with $10,000 each. These rewards help to make MUTM the best crypto to buy as investors seek to be part of the community. MUTM can be purchased using a credit or debit card . This indicates that the project is in action and real and not just talk. Your Opportunities for Great Development Bitcoin still faces risk, and Mutuum Finance is a better way forward. The project’s presale allows investors early entry into the next top crypto. The platform provides loans while rewarding lenders with juicy APYs. For investors looking for the best crypto to invest in, MUTM is the highlight. Time is of the essence, as Phase 7 will not endure forever. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
22 Jan 2026, 01:58
Bitcoin Price Prediction: ETF Outflows Spike, Davos Debate Heats Up -Is $86K the Line?

Bitcoin is under pressure near $89,800 as macro fear, ETF outflows, and technical damage converge. A heated Davos debate over Bitcoin’s legitimacy, sharp US equity losses on tariff threats, and nearly $500 mn in ETF withdrawals have rattled sentiment. Yet whale accumulation and BTC’s fixed supply narrative keep long-term confidence alive, even as charts now point to $86,000 as a critical downside test. Coinbase CEO Says Bitcoin Has No Issuer in Davos Debate At the World Economic Forum in Davos, Coinbase CEO Brian Armstrong engaged France’s central bank governor, François Villeroy de Galhau, in a contentious debate in which Armstrong defended Bitcoin. The French official questioned BTC’s legitimacy and stated that he had more faith in independent central banks than in what he called “private issuers” of the cryptocurrency during a panel discussion on tokenization. He also highlighted Bitcoin’s limited supply and lack of a “money printer,” contending that, like gold, it serves as a check on excessive government spending. Despite recent price volatility, Armstrong reiterated his belief that BTC may hit $1 million by 2030 and advised investors to focus on long-term trends. JUST IN: Coinbase CEO calls out Franch Central Bank governer: “Bitcoin doesn't have a money printer. It's more independent” pic.twitter.com/2eW02mEaCy — Bitcoin Magazine (@BitcoinMagazine) January 21, 2026 These high-profile discussions enhance Bitcoin’s perception as an impartial, autonomous asset. Even if short-term market fluctuations persist, this promotes long-term acceptance and trust in BTC. Bitcoin, Ether ETFs See Heavy Outflows as Institutions Turn Cautious Spot Ether and Bitcoin ETFs saw significant withdrawals as institutions were compelled to lower risk amid uncertainties in the global economy. Grayscale’s GBTC and Fidelity’s FBTC accounted for the $483 million in withdrawals from spot Bitcoin ETFs on Tuesday. XRP ETFs also saw record withdrawals, and Ether ETFs lost $230 million, snapping a five-day inflow streak. There were just minor inflows into Solana ETFs. Institutional caution amid global macro challenges is driving the selling. Global liquidity has been tightened by growing US-EU trade tensions, tariff concerns, and a sell-off of Japanese government bonds. As a result, BTC fell below $89,000, and Ether fell below $3,000. Large BTC holders are still growing, according to on-chain data, indicating that long-term confidence remains despite the ETF withdrawals. BTC + ETH ETFs see another $700m in outflows On Tuesday, spot bitcoin ETFs posted $483M in outflows while ether ETFs reported $230m. Analysts say outflows indicate institutional derisking amid US-EU tension over Greenland. "Trump's tariff threats over Greenland was not well… pic.twitter.com/RHvky5AX0w — Danny Kunwoong Park (@ParkKunwoong) January 21, 2026 The ETF withdrawals could put short-term pressure on the cryptocurrency, but ongoing whale accumulation suggests a bright future. Institutional demand for BTC may swiftly reappear once macroeconomic concerns subside. Bitcoin Price Prediction: $89K Breakdown Puts $86K Support in Focus Bitcoin price prediction is bearish as BTC trades near $89,800 after rejection at $92,000–$93,000. On the 2-hour chart, price broke below the January uptrend’s rising trendline, signaling a loss of structure rather than just a pullback. Strong bearish candles drove the selloff, and smaller recovery candles suggest sellers are still active as buyers hesitate. BTC/USD Price Chart – Source: Tradingview Price is inside a descending channel. Both the 50-EMA and 200-EMA now act as resistance near $92,000. The decline matches a 38.2% Fibonacci retracement, highlighting this consolidation zone. Key support is at $87,400 and $85,900. Resistance stands at $90,400 and $92,300. The Relative Strength Index (RSI) bounced from 25 and is now below 50, indicating weak momentum and no clear reversal. Trade idea: Sell below $90,500, target $86,000, stop $92,600. Bitcoin Hyper: The Next Evolution of BTC on Solana? Bitcoin Hyper ($HYPER) is bringing a new phase to the Bitcoin ecosystem. While BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level speed. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin. Audited by Consult , the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $30.8 million, with tokens priced at just $0.013605 before the next increase. As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again. Click Here to Participate in the Presale The post Bitcoin Price Prediction: ETF Outflows Spike, Davos Debate Heats Up -Is $86K the Line? appeared first on Cryptonews .
22 Jan 2026, 01:45
BTC Market Structure: January 22, 2026 Trend Analysis

Bitcoin market structure in LH/LL downtrend, $91,054 resistance critical for BOS. Break below $89,025 signals bearish continuation, above expects HH/HL reversal.






































