Bitcoin (BTC) Technical Analysis Today
The Bitcoin Analysis page provides AI-generated insights into BTC's daily performance, price trends, and key technical indicators. It highlights potential market movements, trading opportunities, and notable technical patterns. Learn more about Bitcoin's analysis below.
Bitcoin (BTC) Price Change
| Current Price | 24H | 7 Days | 30 Days | 90 Days |
|---|---|---|---|---|
| $89,753.2 | -- | -3.90% | +1.61% | -16.82% |
AI Daily Analysis for Bitcoin
Bitcoin Analysis Today 2026-01-21
- Institutional Accumulation and Selling Pressure Coexist: BlackRock and several institutions have continued to increase their holdings by approximately $2.1 billion in BTC, while a whale sold 500 BTC on Binance (realizing a profit of $260 million), leading to a short-term supply-demand imbalance and bearish pressure on prices.
- Technical Weakening Signals: The daily MACD has turned from positive to negative, and both the 4-hour and 1-hour KD indicators are below 50, indicating weakening momentum. The current key support zone is at $91,000, with resistance around $94,000. A break below the support may trigger further corrections.
- Bearish Market Sentiment and Capital Outflow: Over the past three days, net capital outflows exceeded $300 million, and the Fear & Greed Index fell to 31. Although the long/short ratio still favors the bulls (2.18), active buying momentum is decreasing. Coupled with a funding rate of only +0.0055%, bullish strength appears insufficient in the short term.
Bitcoin Analysis Yesterday 2026-01-20
- Institutional Buying to Hedge Pullbacks: Strategy invested $2.13 billion to purchase 22,305 BTC, demonstrating long-term institutional confidence. However, at the same time, a whale sold 500 BTC on Binance, indicating sustained short-term selling pressure. Overall sentiment is neutral to slightly bearish.
- Imbalance in Funding and Long/Short Structure: The long-to-short ratio in futures stands at 2.15, and the funding rate is 0.0066%, showing overly bullish sentiment. Net capital inflow has turned negative over the past three days, with a cumulative net outflow of about $74 million, putting short-term pressure on liquidity.
- Technical Indicators Show Weakening Signals: The daily MACD continues to contract, and KDJ is falling from high levels (K=44, D=55). The price has broken below the $92,000 support zone. Watch for support between $90,000 and $89,000; a break below may trigger a secondary correction.
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Disclaimer
The information provided in this material does not constitute investment, tax, legal, financial, accounting, or any other professional advice, nor does it serve as a recommendation to buy, sell, or hold any assets. MEXC Learn provides this content for informational purposes only and does not offer investment advice. Please ensure you fully understand the risks involved and exercise caution when investing. MEXC is not responsible for users' investment decisions.