Bitcoin slid 4% on Tuesday to $87,790 on Coinbase, erasing year-to-date gains. Over the past 48 hours, more than $1.8 billion in positions were liquidated, about 93% of them longs, according to Coinglass. Analysts pointed to renewed U.S. tariff threats and turmoil in Japanese bonds as drivers, while crypto's market cap dropped by $225 billion to $3.08 trillion.

Bitcoin has held above $80k for nearly 60 days, a setup that previously preceded breakouts since 2023. A 60-day price coil and a CFGI 30/90-day crossover in early 2026 point to a possible rally, while a trader sees scope for $107k; momentum remains above neutral.

Bitcoin fell below $90,000 after losing the $92,500 support, touching $87,784 before consolidating. Traders are watching $88,000 on the downside and resistance at $89,600, $90,000, and $91,650; a close above $91,650–$92,000 could target $94,000, $94,200 trend line resistance, and $95,000–$95,500, while failure risks $88,800, $87,500, and $86,200.

Between Jan. 10 and Jan. 19, Bitcoin wallets holding 10–10,000 BTC accumulated $3.21 billion worth of BTC while smaller retail wallets sold, according to Santiment. Over the same period, Bitcoin slipped, briefly dropping 4.55% in 24 hours to around $89,110, with analysts suggesting this divergence between whale buying and retail selling could support a longer-term bullish setup despite cautious market sentiment.

Bitcoin slid toward $90,623, with analysts pointing to a nearby retest that could set the next directional move. Lennaert Snyder notes a reclaim of $91,265 could target $93,377, while Ardi highlights $94,000 as the key decision area. A rejection there risks a break below $90,000 and a sweep toward $88,000.

On a Tuesday announcement, Delaware Life, part of Group 1001, introduced the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed indexed annuity offering, described as the first time a U.S. insurer has embedded cryptocurrency in such an index. The index blends exposure to the iShares Core S&P 500 ETF and the iShares Bitcoin Trust ETF, targets 12% volatility through a cash component, and will be available across three Delaware Life products while maintaining principal protection features typical of fixed indexed annuities.

On Tuesday, Bitcoin fell below the $90,000 level, prompting fresh debate about whether a full bear market is developing. Analyst Raun Neuner compared Bitcoin’s current cycle with past post‑Halving patterns, noting previous peaks occurred about 532 days after each Halving and were followed by 70%–80% drawdowns. Based on that framework and the recent high near $125,000, he outlined a potential downside scenario toward $37,000, while other market watchers flagged $84,000–$85,000 and the 200‑week moving average around $57,000 as key support zones.

SkyBridge Capital has shifted its Opportunity Fund toward a roughly 69% macro allocation as of September 30, 2025, after being about 65% invested in crypto and digital assets on March 31, 2025. Founder Anthony Scaramucci said market volatility tied to policy uncertainty under President Donald Trump has supported the firm’s macro performance, while he remains convinced that Bitcoin’s long-term thesis is intact despite a steep pullback from its October all-time high above $126,000.