Based on the current market data for January 28, 2026, Bitcoin is showing strong signs of consolidation above the $90,000 mark. Here is the outlook for tomorrow, January 29, 2026.
## Short-term Market Forecast
The market is currently in a "wait-and-see" phase after reclaiming the $90,000 level. The technical indicators suggest a neutral-to-bullish bias. Since the price has successfully defended the $88,000 support zone multiple times today, the momentum is leaning toward an upward test of recent local highs.
### Expected Price Range (Jan 29, 2026)
| Scenario | Price Range | Probability |
|---|---|---|
| Consolidation (Base Case) | $89,500 – $92,800 | High |
| Bullish Breakout | $93,000 – $95,500 | Medium |
| Bearish Correction | $87,200 – $89,000 | Low |
### Key Factors to Watch
* The $92,500 Resistance: This is the immediate "ceiling." If BTC closes a 4-hour candle above this price, we could see a rapid move toward $95,000.
* Whale Activity: Data shows steady accumulation near the $89k–$90k zone. As long as "whales" continue to buy the dips here, the downside risk remains limited.
* Market Liquidity: Expect higher volatility during the New York market open tomorrow, as institutional ETF flows often dictate the direction for the rest of the day.
> Verdict: Tomorrow is likely to be a day of continued recovery. I expect Bitcoin to trade mostly within the $90,000 to $93,000 range, attempting to turn $92,000 from resistance into support.
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Would you like me to monitor the specific "whale" wallet movements for you to see if any large sell orders are being prepared?
