On January 28, 2026, Bitcoin surged by 3.74% to 89,300 USD, following positive news on tariffs from U.S. President Donald Trump. This temporary relief does not preclude a bearish market trajectory, as retail investors exit.
Although whale investors are stockpiling BTC, analysts like Julio Moreno emphasize that traditional indicators, including the Bitcoin Rainbow Chart, suggest a bearish phase. Contrary to bullish sentiments, on-chain analysts confirm a Bitcoin bear market is in play.
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