empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

23.01.202609:00 Forex Analysis & Reviews: Trading recommendations for the cryptocurrency market on January 23

Relevancia 01:00 2026-01-24 UTC--5

Bitcoin remains around $90,000, although active buying has not yet occurred. This raises concerns about a return to a bearish market in the near future. Ethereum is also struggling to break above $3,000, as it continues its battle for this level.

Exchange Rates 23.01.2026 analysis

While the cryptocurrency market is trying to determine its direction, a new forecast from ARK Invest suggests that, given Bitcoin's potential dominant role, its price could reach $762,000 by 2030, accounting for about 60-70% of the entire cryptocurrency market capitalization. However, it is important to note that such a scenario depends on several factors, including further infrastructure development, regulatory clarity, and the resilience of blockchain technology.

Key drivers of growth, according to ARK Invest, will be institutional demand fueled by capital inflows into crypto ETFs, as well as the growing trend of forming corporate cryptocurrency reserves. The widespread adoption of blockchains in various industries, increased demand for DeFi services, and asset tokenization are also seen as important catalysts for growth.

The company also predicts the market capitalization of smart contracts could rise to $6 trillion, indicating recognition of the potential of blockchain platforms like Ethereum as the basis for decentralized applications and new business models. However, competition in this area is increasing, and the success of individual blockchains will depend on their ability to attract developers and users.

As for intraday strategies in the cryptocurrency market, I will continue to act on significant pullbacks in Bitcoin and Ethereum, anticipating the long-term bull market will continue.

Regarding short-term trading, the strategy and conditions are described below.

Bitcoin

Exchange Rates 23.01.2026 analysis

Buy Scenario

Scenario #1: I will buy Bitcoin today when it reaches the entry point around $89,900, with a target of growth to $90,800. Around $90,800, I will exit from the long positions and sell immediately on the rebound. Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome indicator is above zero.

Scenario #2: I can buy Bitcoin from the lower boundary of $89,200 if there is no market reaction to its breakout in the opposite direction to levels $89,900 and $90,800.

Sell Scenario

Scenario #1: I will sell Bitcoin today when it reaches the entry point around $89,200, with a target for a decline to $88,400. Around $88,400, I will exit from the short positions and buy immediately on the rebound. Before selling on a breakout, ensure the 50-day moving average is above the current price and the Awesome indicator is below zero.

Scenario #2: I can sell Bitcoin from the upper boundary of $89,900 if there is no market reaction to its breakout in the opposite direction to levels $89,200 and $88,400.

Ethereum

Exchange Rates 23.01.2026 analysis

Buy Scenario

Scenario #1: I will buy Ethereum today when it reaches the entry point around $2,972, with a target for growth to $3,023. Around $3,023, I will exit from the long positions and sell immediately on the rebound. Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome indicator is above zero.

Scenario #2: I can buy Ethereum from the lower boundary of $2,929 if there is no market reaction to its breakout in the opposite direction to levels $2,972 and $3,023.

Sell Scenario

Scenario #1: I will sell Ethereum today when it reaches the entry point around $2,929, with a target for a decline to $2,900. Around $2,900, I will exit from the short positions and buy immediately on the rebound. Before selling on a breakout, ensure the 50-day moving average is above the current price and the Awesome indicator is below zero.

Scenario #2: I can sell Ethereum from the upper boundary of $2,972 if there is no market reaction to its breakout in the opposite direction to levels $2,929 and $2,900.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Miroslaw Bawulski,
Analytical expert of InstaSpot
© 2007-2026
Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

Gane de los tipos de cambio de las criptomonedas con InstaSpot
Descargue el MetaTrader 4 y abra su primera operación
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.