BTCUSD Today: Below $90K, Bearish MACD; Dip-Buy Levels for January 27
Bitcoin below $90K is back in focus today, January 27, as BTCUSD trades near $87,891, roughly ¥13.2M. Price sits under the 50-day average and well below the 200-day trend, while MACD is below zero, keeping a bearish bias. Japan-based traders are watching ¥13.5–13.75M as a near-term sell zone and ¥12.0–10.5M as layered support. We break down levels, indicators, and risks so you can plan entries and risk controls with clarity.
Price action and levels Japan desks are trading
Spot hovers near $87,891, with a daily range of $86,412 to $88,414. Price is below the 50-day average at $90,220 and far under the 200-day at $105,439, a cautious setup. For yen traders, that places spot around ¥13.2M, the 50-day near ¥13.5M, and the 200-day near ¥15.8M. Trend pressure favors patience on bounces.
Short-term offers are reported near ¥13.5–13.75M, aligning with recent supply on rallies. On the downside, we track supports around ¥12.0–11.2M, mapped from the $80k–$70k band, with capitulation risk near ¥7.5M if $50k tested. Noted investor views on buy-the-dip zones support this map source.
Technical setup: MACD bearish, momentum mixed
MACD sits below zero, a bearish backdrop, while RSI at 48.9 is neutral. ADX near 25.9 shows a firm trend, so breaks can extend. Stochastic is mid-range and not yet stretched. OBV remains soft, pointing to muted spot demand. Together, this says rallies are for selling until momentum flips.
ATR near $3,253 signals about ¥0.5M of daily swing, so position sizes matter. Bollinger middle around $88,709 lines up as a pivot, with lower band near $84,209 as downside risk. A strong daily close above the middle band would be a first sign of relief. Until then, respect range fades.
Macro and regulation: risks that matter
Uncertainty around crypto-related legislation continues to weigh on sentiment, keeping topside fragile. Japan desks watch how any new policy guidance could affect exchange liquidity, leverage, and tax treatment. Cautious flows are common into headlines, which can widen spreads and cut depth source.
Global tensions have cooled risk appetite, with periodic dollar strength pressuring crypto. If funding rates ease and liquidity thins, moves can overshoot levels on both sides. We prefer trading plan updates around major news windows and using limit orders over market orders during low-liquidity Asia hours.
Dip-buy strategy ideas for January 27
We prefer staggered bids near ¥12.0–11.6M, then ¥11.2M, with a strict stop if daily closes fall below the lowest filled tranche. If price reclaims ¥13.5M on strong breadth, shift to buy-on-dips toward that pivot. Invalidation for the bullish case is a decisive break toward the ¥10.5M zone.
Keep single-trade risk near 1% and total crypto exposure sized for a ¥0.5M daily swing per coin. Use alerts around ¥13.5M, ¥12.0M, and ¥11.2M. Avoid chasing moves during thin liquidity. If volatility spikes, reduce size, widen stops slightly, and prioritize capital preservation over perfect entries.
Final Thoughts
Bitcoin trades under key moving averages with MACD below zero, so the path of least resistance remains down until momentum turns. For Japan-based traders, we see ¥13.5–13.75M as a tactical sell area and ¥12.0–11.2M as the first defensive layer, with deeper risk toward ¥10.5M if selling accelerates. Respect volatility near ¥0.5M per day and plan entries with staggered bids, clear invalidation levels, and capped risk per trade. Stay alert to policy headlines and macro updates that can change liquidity quickly. Patience on bounces, discipline on dips, and tight risk controls should guide decisions today.
FAQs
Why is Bitcoin below $90K seen as weak today?
Price sits below the 50-day and well under the 200-day average, while MACD is below zero. This mix signals a bearish bias. Until Bitcoin closes back above key pivots with improving breadth, rallies are likely to face selling from short-term traders.
What Bitcoin support levels are most relevant in JPY?
We track support bands near ¥12.0–11.6M and then around ¥11.2M, derived from the $80k–$70k range. A deeper flush toward ¥10.5M cannot be ruled out if risk-off expands. Invalidations change if price closes back above ¥13.5M with strong momentum.
How does MACD bearish influence trade planning?
A MACD below zero favors selling rallies and buying only at strong supports with tight stops. It also suggests patience for confirmation before chasing upside. If MACD turns up and crosses its signal with price reclaiming pivots, the setup improves for trend-following longs.
What crypto regulation risk should Japan traders watch?
Headline risk around crypto-related legislation can affect exchange liquidity, leverage, and tax clarity. Sudden updates can widen spreads and trigger whipsaws. We suggest smaller size into news windows, using limit orders, and reassessing levels once policy details are confirmed.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
