WHAT'S THE WAY FORWARD FOR BITCOIN?
PUMPING OR DUMPING SOON ? FIND OUT HERE:
As of January 27, 2026, Bitcoin ($BTC ) is trading around $87,700 - $88,600 (With a live price of $88,300 at the time of writing) showing signs of consolidation after recent volatility. The cryptocurrency has been under pressure from macroeconomic factors, geopolitical tensions (such as U.S.-Iran issues), and market rotations away from risk assets. This has led to a choppy trading environment, with BTC struggling to reclaim higher levels like $90,000 while defending key supports. Short-Term Price Movement (1-30 D
$EGLD is still stuck in a clean descending channel.
Lower highs, lower lows. Bears have controlled the structure so far.
Price just tagged the lower boundary and bounced. That shows short term demand stepping in at this zone.
This move looks corrective, a rebound toward the channel midline or upper resistance, not a trend shift yet.
Unless EGLD breaks and holds above the channel, the bigger picture stays bearish.
Relief bounce or trap. Structure will decide. 🔥