Bitcoin (BTC) Price Prediction January 27, 2026

After several attempts to recover, the BTC price weakened today and returned to a key support area. Is this decline merely a temporary correction, or the beginning of a deeper decline?

In the article, we will discuss the latest BTC price performance, look at the history of Bitcoin's movements, review the main causesthe declinetoday's price, to Bitcoin (BTC) price prediction January 27, 2026.

In this article, we will discuss the latest BTC price performance, look at the history of Bitcoin's movements, review the main causes of today's price decline, and Bitcoin (BTC) price prediction for January 27, 2026.

Key Takeaways

• Bitcoin price remains depressed due to on-chain profitability turning negative.
• Weak whale activity and mining disruptions worsened market sentiment.
• Risk-off sentiment dominates, making BTC vulnerable to further corrections in the short term.

BTC Price Performance Today, January 26, 2026

Based on the daily BTC/USDT chart, BTC price is trading at around $87,235 today, down about 1.85% in the last 24 hours. The daily high was recorded at $89,086, while the low touched $86,091.

Visually, the chart shows a fairly clear downtrend since it failed to hold above the $90,000 area. Trading volume also tends to increase as the price falls, indicating that selling pressure is still dominating the market.

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Historical Bitcoin Price Movements

Bitcoin (BTC) is known as an asset with sharp ups and downs. Historically, BTC has reached an all-time high (ATH) of $126,080, while its all-time low (ATL) is $67.81.

At its current price, Bitcoin is still approximately 30.81% below its ATH, but it has still recorded a fantastic increase of over 128,550% compared to its lowest point. 

This data shows that despite the correction, Bitcoin's long-term position is still relatively strong.

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Today's BTC Price Analysis

So, what's causing today's BTC price drop? Let's analyze some of the reasons:

1. Negative On-Chain Profitability (Bearish Impact)

For the first time since October 2023, Bitcoin's on-chain profitability metric has turned negative. This means that, in aggregate, coins moving on the network are currently losing money.

This situation indicates that many holders are selling BTC not to take profits, but to limit losses. Historically, this situation often occurs after bullish momentum breaks and often signals the beginning of a deeper correction.

In addition, selling pressure from holders who are losing money also has the potential to trigger additional stop-losses in the market.

2. Mining Disruptions and Lack of Whale Support (Bearish Impact)

The Fern winter storm reportedly caused Foundry USA to lose around 60% of its hashrate, a significant event for the Bitcoin network. Although temporary, this disruption shook market confidence.

On the other hand, on-chain data shows that whale activity tends to be weak. Instead of accumulation, large wallets are dominated by spot selling.

In fact, whales typically act as price buffers. When they're absent as buyers, the market becomes more fragile and easily pushed down by pressure from retail traders and leveraged positions.

3. Risk-Off Sentiment in the Crypto Market (Bearish Impact)

Overall crypto market sentiment is also unfavorable. The Crypto Fear & Greed Index is at 29 (Fear), while the Altcoin Season Index is low at 28, indicating that investors tend to avoid high-risk assets.

Bitcoin is also being dragged down by these conditions. The liquidation of long BTC positions in the last 24 hours reached around $141 million, reinforcing that this downturn is also driven by leverage unwinding. 

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Bitcoin (BTC) Price Prediction January 27, 2026

Based on the current chart conditions and the fundamental analysis above, here's the Bitcoin (BTC) price prediction for January 27, 2026:

- If BTC fails to stay above $86.000, selling pressure could potentially push the price down to the $84.500–$83.000 area.

- The $88,500–$89,000 area is now the closest resistance level, which is quite strong.

- A technical rebound is still possible, but as long as market sentiment does not improve, gains are likely to be limited.

In the short term, Bitcoin's movement bias remains bearish to sideways. 

Factors Affecting Bitcoin Price

Some of the main factors that could affect future BTC price movements are as follows:

1. On-Chain Conditions: Holder profitability, coin flow to exchanges, and whale behavior greatly affect Bitcoin's buying and selling pressure.

2. Mining Activities: Hashrate disruptions or production cost issues can impact investor sentiment.

3. Global Market Sentiment: The Fear & Greed Index, leveraged liquidation, and global macro conditions play a major role in BTC movements.

4. Technical Analysis: Support and resistance levels, major trends, and technical indicators are the primary references for short-term traders.

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Potential BTC Movement Scenarios

Based on the price predictions above, here are the potential scenarios for BTC price movements:

Bullish Scenario

BTC is capable of staying above $86,000 and bouncing back to the $90,000 area if sentiment improves.

Conservative Scenario

The price is moving sideways in the range of $85,500–$88,500 while waiting for new catalysts.

Bearish Scenario

If selling pressure continues, BTC could potentially fall to $83,000 or even close to $80,000.

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Conclusion

Bitcoin (BTC) price prediction for January 27, 2026 shows that the market is still in a cautious phase.

Negative on-chain profitability, weak whale support, and risk-off sentiment are a potentially tough combination for BTC in the short term.

However, for long-term investors, this phase is often a period of gradual accumulation. The key is risk management and patience in waiting for confirmation of market direction.

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FAQ

Why is the price of Bitcoin down today?

The decline was triggered by negative on-chain profitability, mining disruptions, minimal whale accumulation, and a fearful market sentiment.

Does Bitcoin still have the potential to rise again?

Yes, especially in the long term. But in the short term, the pressure remains quite strong.

Where is Bitcoin's current important support?

The nearest support area is around $86,000, then $83,000 as the next support.

Is this the right time to buy BTC?

It depends on the strategy. Short-term traders need to be extra cautious, while long-term investors can consider gradual accumulation.

What factors are influencing BTC the most right now?

Market sentiment, on-chain data, and whale behavior are the main factors.