Bitcoin (BTC) Jan 27: $88,772 fakeout; $87,000 in focus, $86,000 weekly threshold

On January 27, Bitcoin traded near $87,760 as participation looked balanced, according to CoinStats. TradingView charts indicate a failed breakout at $88,772, with a possible $87,000 retest if local support gives way. A weekly close below $86,000 could open a path toward $82,000-$84,000 and even the $80,000 area.