Bitcoin Price Retreats to $95K Support Level as ETF Inflows Slow and Market Hype Diminishes

Bitcoin has seen a retreat in price, falling back to the $95,000 support zone as institutional demand waned amidst concerns over a proposed U.S. cryptocurrency market structure bill. Although there were significant inflows into Bitcoin ETFs just days prior, recent market dynamics reflect a cooling in investor sentiment.

Key Takeaways

Bitcoin price has retreated to approximately $95,684, down from a recent peak of $97,870.
Institutional inflows into U.S. spot Bitcoin ETFs dropped substantially, from $843.6 million to $100.1 million in a day.
Concerns from industry leaders over a contentious Senate bill impacted investor confidence, leading to cancellations of planned markups.
The crypto Fear and Greed Index has returned to a neutral sentiment score of 49.
Technical indicators suggest Bitcoin may still have bullish momentum, particularly if it can maintain support at $95,000.

Bitcoin price retreats to $95K support zone as ETF inflows slow and market hype cools.

Bitcoin Price Dynamics

Bitcoin has given up all the gains it achieved on Thursday due to decreased institutional demand, driven largely by concerns over a contentious cryptocurrency market structure bill currently under discussion in the U.S. market. According to SoSoValue, on January 15, 2026, inflows into U.S. spot Bitcoin ETFs plummeted to $100.1 million, a stark contrast to the impressive $843.6 million recorded just one day earlier.

The bulk of the inflows, amounting to $315.7 million, came from BlackRock’s IBIT fund. In comparison, Grayscale’s BTC and Valkyrie’s BRRR attracted a modest total of $9.7 million, while Fidelity’s FBTC and Grayscale’s GBTC faced significant outflows of $188.8 million and $36.4 million, respectively.

The substantial decline in institutional interest can be attributed to concerns voiced by several industry executives, including Coinbase CEO Brian Armstrong, regarding the Senate’s version of the critical market structure bill. Armstrong expressed significant unease regarding the proposed bill's restrictions.

In light of these concerns, the Senate Banking Committee decided to postpone the intended markup, stating that additional time was required to secure the necessary support for the bill. This follows a similar decision by the Senate Agriculture Committee to delay its markup initially scheduled for late January, highlighting ongoing regulatory uncertainties.

Such fears regarding crucial cryptocurrency regulations can lead to notable price drops and adversely affect market sentiment. Following the delay, the crypto Fear and Greed Index declined by 12 points to a neutral score of 49, indicating a withdrawal from recently optimistic market feelings.

Bitcoin Price Movements

Bitcoin experienced a surge of 5% on Thursday, hitting an intraday high of $97,870, but has since lost ground, trading at $95,684 at press time. Despite today's price decline, Bitcoin charts suggest a generally positive outlook for the asset.

Significantly, the price has confirmed a breakout from an ascending triangle pattern on the daily chart, a classic bullish setup that typically leads to substantial upward movement when the asset breaks above the upper trendline. At present, technical indicators like the MACD and RSI are indicating bullish conditions, with the Relative Strength Index remaining positive, and the MACD showing that buyers are predominantly in control despite the current volatility.

Consequently, it is anticipated that Bitcoin will maintain its bullish structure, particularly if it can uphold the psychological support level at $95,000.

Bitcoin price has broken out of an ascending triangle pattern on the daily chart.