Bitcoin News: Bitcoin Price Faces $80K Support Test as Tariff Fears Trigger Market Volatility
Bitcoin opened the week under renewed pressure as global trade tensions and macro uncertainty triggered sharp volatility across risk assets. After briefly slipping below $92,000, analysts warn that BTC could still face a deeper liquidity sweep toward the $80,000–$87,000 zone before a sustainable uptrend resumes.Here are five key factors shaping Bitcoin’s outlook this week.1. Bitcoin price volatility intensifies as $80K support comes into focusBitcoin dropped sharply as U.S. futures markets reopened, reflecting renewed anxiety surrounding international trade tariffs.BTC briefly fell below $92,000 before stabilizing, but traders say the correction may not be finished.According to market analysts, key downside levels include:2026 yearly open: ~$87,000Range lows: ~$80,500Several traders, including CrypNuevo, warn that order book data shows heavy liquidity clustered below current price, increasing the probability of a downside “liquidity grab” before any sustained rebound.If BTC fails to reclaim $93,000–$94,000, analysts say the recent upside move may prove to be a temporary relief rally rather than a trend reversal.2. Tariffs return as dominant macro risk for crypto and stocksTrade tensions have re-emerged as a major market driver, with new tariff threats between the United States and Europe reigniting risk-off sentiment.Markets reacted immediately when futures opened Sunday, despite U.S. equity markets remaining closed for the Martin Luther King Jr. holiday.Reports indicate potential tariffs of up to 25% on several European countries beginning Feb. 1, reviving fears similar to those seen during last year’s trade disputes.Historically, Bitcoin and equities have shown high sensitivity to tariff-related headlines, including April 2025’s sell-off that pushed BTC below $75,000.Analysts caution that markets may face several waves of volatility before clarity emerges.3. Gold and silver hit new all-time highs as Bitcoin lagsWhile crypto struggles, traditional safe-haven assets are surging.Gold approached $7,000 per ounceSilver climbed to a record near $94In Bitcoin terms, gold has nearly doubled since August 2025, underscoring capital rotation into hard assets amid geopolitical and trade uncertainty.Still, some analysts remain confident Bitcoin will eventually follow.Network economist Timothy Peterson noted that Bitcoin and gold remain structurally aligned long-term, even if short-term performance diverges.4. U.S. macro data clouds Fed rate-cut expectationsThis week brings key U.S. economic releases, including:Personal Consumption Expenditures (PCE) inflationInitial jobless claimsRevised GDP dataRecent data has sent mixed signals. While inflation indicators remain elevated, commodities are breaking out — a development some analysts say could complicate the Federal Reserve’s path toward easing.Markets are currently pricing in no rate cut at the January FOMC meeting, removing a near-term liquidity tailwind for Bitcoin and risk assets.As a result, BTC remains highly sensitive to macro surprises.5. On-chain data shows Bitcoin structure improving despite pullbackDespite short-term weakness, on-chain analysts argue Bitcoin’s market structure is healthier than it appears.According to CryptoQuant:Spot market buying has returnedSpot cumulative volume delta (CVD) flipped back to buy-dominantFutures activity followed spot demand, not leverageThis suggests the recent rally toward $98,000 was driven by real demand, not excessive speculation.In addition, derivatives open interest has fallen nearly 18% since October’s $126,000 peak, reducing liquidation risk and helping reset market leverage.CryptoQuant analysts describe the current environment as the early phase of demand recovery, not the end of a bull cycle.volatility first, trend laterAnalysts broadly agree on one theme: volatility is unavoidable this week.While short-term downside toward $80,000–$87,000 remains possible, improving on-chain conditions and spot demand suggest Bitcoin may be laying the groundwork for a stronger recovery once macro uncertainty fades.If BTC can reclaim and hold above $93,500, confidence in a renewed push toward $100,000 would strengthen. Until then, traders are preparing for sharp moves in both directions, according to Cointelegraph.