Bitcoin Bearish Sentiment Climbs as BTC Price Slips Under $89K – Decrypt

Jan 23, 2026 - 13:15
Bitcoin Bearish Sentiment Climbs as BTC Price Slips Under $89K – Decrypt
In brief Prediction market users have increased Bitcoin’s chance of crashing to $69,000 from 11.6% a week ago to 30% today. The top crypto’s choppy price action and failed recovery attempts are a result of defensive capital and capped open interest. Gold is hogging Bitcoin’s safe-haven spotlight, absorbing capital inflows, Decrypt was told. Bitcoin’s failed...

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