- Bitcoin (BTC) decreased to 99,082.51 dollars before recovering to 100,193.79 dollars.
- BTC mining revenues fell to $ 1.4 billion in January.
Bitcoin (BTC) decreased to less than $ 100,000, reaching the lowest level in 99,082.51 dollars. The cryptocurrency is currently trading 100,193.79 dollars, a decrease of 2.28 % in 24 hours. The lack of its market is $ 1.98 trillion, with a trading size 24 hours of $ 34.22 billion, which represents a decrease of 22.95 %. The fully diluted evaluation (FDV) is $ 2.1 trillion, while the maximum volume to the market is 1.71 %.
US President Donald Trump Fell Executive order imposes a 25 % tariff on Canadian goods, with the exception of energy products, which will face a 10 % tariff. These duties apply on Tuesday. Customs duties will also be implemented on Mexico and China. Bitcoin fell to $ 100,279 after the announcement, reflecting uncertainty in the market.
Bitcoin mining revenues fell to $ 1.4 billion in January, a decrease of $ 40 million from December. Julio Moreno, Chief of research In Cryptoquant, I mentioned that Bitcoin’s transactions have reached its lowest level since March 2024. Use of low Mempool, with a decrease in transaction fees to 1 SAT/VB. During the weekend, unpopular transactions decreased sharply, leaving several partially empty blocks.
Detamental momentum strengthens
Bitcoin faces immediate resistance at $ 103,622 and strong support at $ 99,000. If BTC is broken over the resistance, about $ 106,000 may collect. Low support below may pay it to $ 97,500. Relative power index (RSI) Stand At 43.96, near the sales lands. An additional decrease can increase the pressure pressure, but if the RSI is above 50, the bullish reflection may begin.
MAT -moving Mediterranean Cross Signs (MA). 9 days MA 101,382.30 dollars, less than 21 M on 103,279.02 dollars. Cross Soudi, where MA crosses the short term over the long term, reflects the direction.
Chaikin Money Flow (CMF) suggests Bitcoin capital flows. The indicator remains in negative lands, which reflects the poor purchase pressure. If the flows increase, Bitcoin can retrieve $ 105,000.
The MACD graph is in negative lands, with the MACD line below the signal line. This confirms the declining direction. Cross over zero can refer to renewed upscale feelings.
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