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🇺🇸 The Pullback That Tests Conviction

A pause beneath the yearly pivot shakes weak hands, while structural buyers remain firmly in control.

Jan 16, 2026
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Cryptocurrency market falls. 3d bitcoin logo on a black background with  arrows pointing down. 3d | Premium Photo

🪙 Crypto Market Overview

Price has slipped back toward the $95,000 area after facing firm resistance near $97,500, with the move largely attributed to short-term profit taking rather than any new macro catalyst.

Momentum has softened compared to earlier in the week, and if price fails to reclaim the Yearly Pivot near $96,100, a retest of the $94,000 zone remains possible.

Importantly, this type of behavior around major pivot levels is typical. Weakness just below a confirmed pivot break often represents final accumulation, not structural failure.

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