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#Gate广场创作者新春激励
Review and Analysis of Bitcoin Market in January 2026
At the beginning of the new year 2026, Bitcoin started with a strong rally, sparking endless speculation, reaching close to $98,000. $100,000 seemed just a matter of time. Unexpectedly, an "unsuccessful" US-European trade war sharply pushed the Bitcoin price down to $90,000, once again reminding us of the true nature of the Bitcoin bear market. Next, let's analyze the current Bitcoin trend and the underlying capital movements.
I. Technical Support and Resistance
Technical analysis shows that Bitcoin traded at $93,054.98 on
BTC3,35%
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#Gate广场创作者新春激励
Review and Analysis of Bitcoin Market in January 2026
At the beginning of the new year 2026, Bitcoin started with a strong rally, sparking endless speculation, reaching close to $98,000. $100,000 seemed just a matter of time. Unexpectedly, an "unsuccessful" US-European trade war sharply pushed the Bitcoin price down to $90,000, once again reminding us of the true nature of the Bitcoin bear market. Next, let's analyze the current Bitcoin trend and the underlying capital movements.
I. Technical Support and Resistance
Technical analysis shows that Bitcoin traded at $93,054.98 on
BTC3,35%
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Gate Annual Report is out! Let's take a look at my yearly performance.
Click the link to view your exclusive #2025Gate年度账单 and receive a 20 USDT position experience voucher https://www.gate.com/zh/competition/your-year-in-review-2025?ref=VQMQUFHAUQ&ref_type=126&shareUid=U1RNU1haBgEO0O0O.
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Reflecting on this year's crypto journey—from market surges to bold moves, every step is worth remembering. Check your #2025Gate年度账单 now, and relive your 2025 crypto journey with Gate. Share to receive 20 USDT. https://www.gate.com/zh/competition/your-year-in-review-2025?ref=VQMQUFHAUQ&ref_type=126&shareUid=U1RNU1haBgEO0O0O
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Last night, the US ADP employment data was -3.2, further increasing the probability of a rate cut in December. The US stock market is likely to fluctuate upwards until the 11th, and Bitcoin may pull back a few days in advance, similar to the last time when the Fed cut rates on October 30. Last time, after the Fed cut rates on October 30, US stocks spiked and then fell back, while BTC started dropping early on October 27. So if the Nasdaq surges and then pulls back by the 11th this time, BTC may start to decline around the 8th. Today is the 4th, so the bulls still have a few comfortable days le
BTC3,35%
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