btcpredictions

Bitcoin rose 1.28% over the last 24 hours, aligning with a 2.50% gain over the past month. This steady but modest advance suggests a gradual recovery from recent weakness. Notably, Bitcoin slightly outperformed the broader crypto market, which gained around 1% during the same period.
The move appears to be driven by a combination of macro stability and constructive technical price action at a key support zone.
Key Drivers Behind the Move
1. Federal Reserve Holds Rates Steady (Mixed Impact)
Overview
On January 28, 2026, the U.S. Federal Reserve kept its benchmark interest rate unchanged at 3.50%–3.75%. The decision was widely anticipated, with prediction markets assigning nearly a 99% probability to a pause.
Market Impact
Because the outcome was already priced in, the immediate market reaction was muted. However, the absence of a hawkish surprise helped remove near-term policy uncertainty. This provided a stable macro backdrop, allowing Bitcoin—previously in consolidation—to establish a floor and attempt a rebound.
While this was not a rate cut (which would have been directly bullish), maintaining the current policy stance without tightening is viewed as a net positive for risk assets in the short term.

Market participants will closely monitor upcoming remarks from Fed Chair Jerome Powell for guidance on inflation trends and the future path of interest rates.
2. Technical Rebound from Support & Short Liquidation Zone (Bullish Impact)
Overview
$BTC
Bitcoin found strong support near $89,000 and successfully reclaimed its Point of Control (POC)—the price level with the highest recent trading volume. Price also remains above the lower boundary of its trading channel, reinforcing short-term structural strength. #BTC #BTCpredictions #MarketSentimentToday
At the same time, derivatives data indicates a significant concentration of leveraged short positions around the $93,500 level.
Why It Matters
Reclaiming the POC signals a short-term shift in market bias toward buyersRising open interest near support suggests new positioning and absorption of selling pressureAn estimated $4.5 billion in short positions is vulnerable near $93,500
If buying momentum continues, a move toward this level could trigger cascading liquidations, resulting in a short squeeze that accelerates upside price action.
Key Levels to Watch
Immediate resistance: $90,600Major upside target: $93,500 (short liquidation zone) #analises
Bitcoin’s recent price increase reflects a combination of macro-level stability following the Federal Reserve’s decision and constructive technical buying at a critical support area. With downside risk clearly defined below support and a sizable short liquidation zone overhead, Bitcoin appears to be entering a stabilization phase with a potential bullish catalyst.
Can Bitcoin maintain momentum above $90,600 and move toward the major short liquidation zone near $93,500?