Bitcoin Hangs On The Edge Of The Weekly Cloud As Rallies Keep Getting Sold

2026-01-29 - 09:10

Key Points Bitcoin fell to about $88,232 in perps, after a $90,567–$87,660 range. The weekly chart shows price clinging to the last edge of the Ichimoku cloud. Metals surged again, while crypto slid, reinforcing a defensive, bear-market tape. January 29 looked like another “rally, then rejection” session. Bitcoin perps traded near $88,232, down about 1.1%