{"id":20427,"date":"2026-01-22T16:21:57","date_gmt":"2026-01-22T16:21:57","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-price-at-risk-fed-rate-cut-odds-fall-after-strong-us-gdp-data\/"},"modified":"2026-01-22T16:22:17","modified_gmt":"2026-01-22T16:22:17","slug":"bitcoin-price-at-risk-fed-rate-cut-odds-fall-after-strong-us-gdp-data","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-price-at-risk-fed-rate-cut-odds-fall-after-strong-us-gdp-data\/","title":{"rendered":"Bitcoin price at risk, Fed rate cut odds fall after strong US GDP data"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bitcoin\u2019s price remained in a tight range today, January 22, as investors reacted to new developments on Greenland and to ongoing ETF outflows.<\/p>\n<div id=\"cn-block-summary-block_3ca1253ef9986bb15594963c713434fe\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin price retreated after the US released strong GDP data.<\/li>\n<li>The numbers pushed the odds of Federal Reserve interest rate cuts this year.<\/li>\n<li>Technical analysis suggests that Bitcoin may continue falling, potentially to the key support at $80,000.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Bitcoin (BTC) was trading at $89,400, a few points above this week\u2019s low of $87,200. Still, there is a risk that the coin will continue to fall now that the odds of Federal Reserve interest rate cuts have fallen after the U.S. released strong economic data.<\/p>\n<p>A report released by the Bureau of Economic Analysis showed that the economy did better than expected in the third quarter. The economy grew by 4.4%, higher than the previous estimate of 4.3%. It was also much better than the second quarter\u2019s growth of 3.8%.<\/p>\n<p>These numbers suggest the Federal Reserve may not cut interest rates again this year, as analysts expect fourth-quarter growth to exceed 5%. Data on Polymarket shows that odds of three cuts this year dropped by 11% to 27%.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Bitcoin and other risky assets often perform well when the Federal Reserve adopts a highly dovish stance. A good example of this is what happened during the COVID pandemic.<\/p>\n<p>Bitcoin price could also be at risk as exchange-traded fund outflows jump. Data compiled by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\" target=\"_blank\" rel=\"nofollow\">SoSoValue<\/a> shows that these funds had over $708 million in outflows on Wednesday, up from the previous day\u2019s $408 million. These funds have shed over $1.5 billion in the last three days\u00a0\u00a0<\/p>\n<p>Bitcoin\u2019s performance could be due to investors rotating to gold, whose price has jumped to a record high. In a report today, Goldman Sachs boosted its target to $5,400, citing the rising central bank and corporate demand.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin price technical analysis\u00a0<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">BTC price chart | Source: crypto.news\u00a0<\/figcaption><\/figure>\n<p>The daily timeframe chart shows that BTC has retreated over the past few days, moving from its year-to-date high of $97,790 to the current $89,300.\u00a0<\/p>\n<p>It has moved below the lower boundary of the ascending triangle, confirming that bears have prevailed. Also, it remains below the 50-day moving average and the Strong, Pivot, Reverse of the Murrey Math Lines tool.<\/p>\n<p>The Relative Strength Index has continued to fall, moving below the neutral point at 50 and pointing downwards.\u00a0<\/p>\n<p>Therefore, the most likely Bitcoin price forecast is bearish, with the next key support level to watch being at $80,485, its lowest level in November.<\/p>\n<p>This view mirrors what Michael Novogratz, the CEO of Galaxy Digital. In an X post on Wednesday, he warned that Bitcoin will remain under pressure unless it moves above the key resistance levels at $100,000 and $103,000.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s price remained in a tight range today, January 22, as investors reacted to new developments on Greenland and to ongoing ETF outflows. Summary Bitcoin price retreated after the US&hellip;<\/p>\n","protected":false},"author":1,"featured_media":15733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=20427"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20427\/revisions"}],"predecessor-version":[{"id":20428,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20427\/revisions\/20428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15733"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=20427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=20427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=20427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}