Bitcoin drops below $92,000, trade war and tariff expectations trigger global risk sentiment changes

GasWrangler · 2026-01-19T04:04:12+00:00

Bitcoin fell below $92,000 on January 19th, with over $865 million in liquidations across the entire network within 24 hours, intensifying market volatility. Analysts believe that this decline was influenced by macroeconomic factors such as US-EU trade tensions and concerns over new tariff policies, which dampened investor sentiment and triggered profit-taking. Market analysts are optimistic about the $85,000 support level, which may lead to a sideways trading pattern.

GasWrangler

2026-01-19 04:04:12

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【Blockchain Rhythm】On January 19th, Bitcoin faced renewed pressure, briefly falling below the $92,000 mark. According to statistics, the total liquidation amount across the entire network in 24 hours exceeded $865 million, with market volatility clearly intensifying.

Regarding the root cause of this decline, many market participants share a consensus — it is largely driven by macroeconomic factors. Renewed trade tensions between the US and Europe, coupled with market concerns over a new round of tariff policies, have led to a continued decline in global risk sentiment. Investors are beginning to reduce their positions across asset classes such as stocks, commodities, and digital assets, adopting a more cautious stance.

It is worth noting that Bitcoin previously experienced a significant rally, which left ample room for profit-taking. When macroeconomic uncertainty rises, this profit-taking pressure tends to be further released, creating a resonance effect.

Looking ahead, analysts generally believe that Bitcoin may enter a range-bound consolidation mode in the second half of January. To halt the decline, around $85,000 is expected to serve as a key support level. Whether this level can be maintained will largely determine the short-term trend direction.

BTC-2,55%

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TokenUnlocker

· 10h ago

It dropped again. Trade wars cause this every time. Who dares to add to their position?

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ChainMaskedRider

· 10h ago

Again and again liquidation? Tariffs really can crash the market --- The trade war is here, everyone is scared, no wonder the crypto market is also plunging --- Breaking 92,000 is what it is, anyway I already went all-in on short positions --- Profit-taking + macro pressure, I really didn't see this double whammy coming --- To put it simply, it's still macro issues, why would the coin price fall --- Is $8,500 the bottom? Laughing out loud, how much more does it need to fall --- 8.65 billion in liquidations across the entire network? Then what is my position worth --- As soon as the tariff expectations came out, the market trembled, who else dares to hold long positions

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AlphaLeaker

· 10h ago

It has dropped again and again... The trade war is truly a nightmare for global assets, and Bitcoin can't save it either.

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UncleWhale

· 10h ago

Starting to cut leeks again, this wave of macro risks is really outrageous. 8.65 billion liquidation, whose money is so worthless? Once the tariff war starts, all assets will be sacrificed, and the crypto circle can't escape. Can't hold 92,000? Then just wait for further drops, it's cyclical anyway. The analysis of profit-taking pressure is pretty good, but the question is, how low will the bottom be?

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