Bitcoin (BTC) Price Analysis for January 16
Most of the coins are in the red zone today, according to CoinStats.BTC/USDThe rate of Bitcoin (BTC) has declined by 1.23% over the last 24 hours.On the hourly chart, the price of BTC is going down after a breakout of the local support at $95,135. If the daily bar closes far from that mark, traders…
XRP Price Analysis for January 16
Sellers are more powerful than buyers at the end of the week, according to CoinStats.XRP/USDThe rate of XRP has dropped by 2% since yesterday.On the hourly chart, the price of XRP is near the local support at $2.0530. If its breakout occurs, the decline may lead to the test of the $2.03-$2.04 range…
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Jan 16, 2026 - 16:47
Bitcoin Price May Have Peaked, Says Top Analyst
Bloomberg Intelligence Senior Commodity Strategist Mike McGlone has dropped a hot take on Bitcoin. In a post on X, McGlone argues that Bitcoin might be overheating given the broader financial market indicators.Gold-oil market imbalance raises red flags for BitcoinAccording to McGlone, Bitcoin…
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