Read more
18:21 · 29 January 2026

🚨Bitcoin slides 5% testing local lows near $84k level

The price of the largest cryptocurrency, Bitcoin, is down more than 5% today to around $84,000, testing levels that were observed - and defended - in December and earlier in November last year. The broader crypto market is also under pressure: Ethereum is retreating about 6% to roughly $2,850, while smaller altcoins are falling even more sharply.

Outflows from U.S. spot ETF products, limited buying activity from corporates accumulating Bitcoin, and Bitcoin’s disappointing performance versus equity indices — and especially versus precious metals — are pushing global capital’s attention away from crypto. In line with the post-halving cycle narrative, Bitcoin set a local peak in October and, if that marked the top of the bull run, prices could potentially fall toward $50,000 by the end of this year.

Bitcoin (D1)

The RSI is slipping toward 35, pointing to conditions that are increasingly close to oversold, while the MACD has printed another bearish crossover. Price is currently trading about 20% below the 200-session EMA200 (red line). The latest downside move was recently halted at the 38.2% Fibonacci retracement of the decline from October 2025 (from around $126,000). Key resistance is now seen near $91,000 (the 23.6% Fibonacci level and the area around the EMA50, orange line). The key support zone sits at $79,000–$80,000, i.e., the “correction low” from October. The next major support is near $75,000, corresponding to levels from the panic sell-off in April 2025.

Source: xStation5

29 January 2026, 18:03

Oil gains 3% approaching 70 USD level amid US-Iran tensions 📈

29 January 2026, 15:44

NATGAS drops amid EIA inventories report 📉

29 January 2026, 15:12

US Open🚨US100 slides almost 2% amid 11% Microsoft shares crash📉

29 January 2026, 10:18

Silver surges a record 65% in a month as institutions continue to cut positions 🚀

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Join over 2 Million investors from around the world