Bitcoin Price Holds Under $90K as Trump's Davos Speech Awaited: Market Outlook

The cryptocurrency market is in a holding pattern, with Bitcoin (BTC) consolidating below the key $90,000 level. All eyes are now on the upcoming World Economic Forum in Davos, where a scheduled speech by former U.S. President Donald Trump is anticipated to set the tone for market sentiment. Analysts are closely monitoring this high-profile event for potential comments on regulatory policy, digital assets, and the broader economic landscape, which could trigger significant volatility. The current price action suggests traders are adopting a cautious stance ahead of the speech. This period of consolidation under a major psychological price point highlights the market's sensitivity to macroeconomic cues and political commentary. The outcome could dictate short-term momentum for Bitcoin and the wider crypto sector.