Bitcoin Stuck Below $90,000 And ETF Buyers Are Staring At This Line In The Sand
Posted On January 28, 2026
Bitcoin (CRYPTO: BTC) is oscillating around $90,000 as spot Bitcoin ETFs face heavy outflows, prompting speculation about a possible downward spiral.
BTC Holds Firm Despite ETF Stress
CryptoQuant noted that $87,000 is close to the average cost basis for ETF investors at $86,600 and has become a critical psychological pivot.
Holding above this price supports investor confidence and helps stabilize flows.
A sustained move below it may risk accelerating redemptions as the remaining profit buffer disappears and breakeven turns into losses.
Since peaking …
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