#BinanceAlphaAlert
The risk that Trump's 'dumping' could push the price of Bitcoin down to $88,000.
Bitcoin fails to recover after a $5,000 drop in a single day, and a new test of the BTC price at $88,000 is now “highly likely.”
Bitcoin fell below $96,000 on January 8 when a spot sale forced BTC price action to a 'fundamental' level.
BTC price losses are increasing and it is “highly likely” that $88,000 will be reached.
Data from Cointelegraph Markets Pro and TradingView followed the BTC/USD pair as it lost another 1.7% on the day.
This added to existing losses that had brought the pair down by more than $5,000 due to new macroeconomic concerns in the United States.
Spot sellers had control, and the on-chain analysis platform CryptoQuant warned of increasing “pressure” on the global exchange Binance.
“The Net Taker volume per hour on Binance turned markedly negative today, indicating a significant increase in selling pressure,” reported contributor Darkfost in one of his Quicktake blog posts.
“It reached a peak of -$325 million, the highest value in 2025, during the release of ISM PMI and JOLTs Job Openings data, which revealed unfavorable results for risk assets.”
Trader Skew noted that $95,000 would be the key level in the short term going forward, with BTC price at less than $500 at the time of writing this article.
“Around the 1D lows ($92K - $88K), the offer liquidity has been cushioned to a decent amount with the increase in demand,” reads their latest analysis on X.
“The spot flow will be vital for the rest of this week and the $95,000 will be crucial.”