Bitcoin price fell again on the days when US employment data was released, and for good reason. First of all, the Supreme Court decision, which we announced at the last minute yesterday, will probably be announced on Friday, and Trump had previously said that the adverse decision would collapse the economy. An adverse decision is expected. So how do analysts interpret current markets?
Bitcoin Drop
BTC price It seems like it waited for the US market opening to determine the new daily bottom. The price fell below 92 thousand dollars again at the time of writing. The MSCI decision was yesterday’s last major development, but the risk is only gone in the short and medium term, so the possibility of delisting is still on the table. Of course, this caused the positive pricing to be short-lived.
More importantly, it is expected to arrive on Friday. Supreme Court It’s surprising that we still haven’t seen major devastation before the decision, because an adverse decision would mean the cancellation of tariffs. In 2025, all the pain suffered by the markets will be in vain and Trump will threaten countries, perhaps with weapons or other instruments, to make them pay him this time.
Analysts and Important Developments
We explained why Bitcoin’s decline is fundamentally happening. The analyst with the pseudonym DaanCrypto pointed out that the price returned from the resistance level and said that he was not overly worried because we remained within the range.
“Bitcoinhas bounced back from the range high and key resistance level and is now back inside the range. It’s still pretty rare not to see a downward wick on monthly/annual candles, so I’m still keeping that scenario in mind.
“As a result, I’m not too bothered by the overall market until we break out of this range.”
Lark Davis thinks the failed resistance test at $94,000 could trigger one of the previous major declines. BTC price We talked about whether investors who are eager to open a short position again at the peak will be disappointed when it exceeds 94 thousand dollars. They were not disappointed. Bitcoin did not surprise again and it surprised the bulls again.
Important developments of the last 24 hours are as follows:
- Japan’s 30-year government bond yield reached a record high of 3.53%, confirming global macroeconomic stress.
- trumpconfirmed that Venezuela will send 30-50 million barrels of oil to the USA.
- Venezuelan stocks rose another 50% in one day and are up 163% since December 26.
- Senate Banking Committee Chairman Tim Scott brought up the crypto market structure markup on January 15. We talked about the 5 stages of this process this week, and the progress of the law shows that it may go before Trump before the end of 2026.
- Chineseannounced that it will tighten supervision of cryptocurrencies while promoting a digital yuan in 2026.
- solanarecorded the largest 24-hour stablecoin inflow with $903.6 million (Artemis).
- SUI treasury firm appointed former CFTC Commissioner Brian Quintenz to its board of directors.
