Bitcoin started the week back above $90,000, with major cryptocurrencies posting modest gains, but the market’s attention has shifted to a heavy schedule of macro and policy events. Analyst Doctor Profit said Bitcoin is showing three bearish structures across the weekly and monthly time frames, while U.S. inflation data and a January 15 congressional vote are now central to near-term positioning.
Three bearish chart formations keep the $70,000 target in focus
According to Doctor Profit, Bitcoin is displaying an active bearish divergence, a defined bearish flag, and a developing head-and-shoulders pattern. In his view, those formations continue to support a move toward the $70,000 area. At the same time, he said liquidity is concentrated between $97,000 and $107,000, leaving room for a temporary upside move before any larger decline takes shape.
He said the probabilities are evenly split between two technical paths, though his main downside target has not changed. Doctor Profit added that he has been holding short positions from $115,000 to $125,000, and would only increase exposure if Bitcoin revisits the $97,000 to $107,000 range. That leaves traders watching whether price first moves into the upper liquidity band.
Doctor Profit points to insider selling since August 2025
Beyond chart signals, the analyst said insider selling has continued since August 2025, describing the volume as unprecedented within his historical dataset. He also pointed to stress in the banking system and liquidity pressure tied to silver, comparing current conditions to a 2008-style environment. He said his bullish exposure is limited to gold and silver.
He also stated that upcoming policy outcomes would not change his medium- to long-term view on Bitcoin. In his framework, short-term events may affect price action, but not the broader bearish outlook he is tracking.
CPI, PPI, and the CLARITY Act vote headline the week
The macro calendar is now packed. A scheduled FOMC official speech is due on Monday, followed by the U.S. Bureau of Labor Statistics release of December CPI on Tuesday, January 13. The previous CPI reading was 2.7%. On Wednesday, January 14, markets will also watch the PPI report for fresh signals on wholesale inflation.
Later in the week, U.S. jobless claims and the Federal Reserve balance sheet update are expected to offer additional clues on liquidity conditions. On the policy side, lawmakers are set to vote on the CLARITY Act on January 15, a bill tied to crypto regulatory oversight. With these events arriving in quick succession, Bitcoin is heading into a stretch where technical levels, liquidity expectations, and policy headlines may all shape price direction.
Crypto market cap edges higher while Ethereum and BNB remain elevated
The broader crypto market still posted modest gains during the same period. Total market capitalization rose 0.73% on the day and 0.84% over the week, though the 30-day change remained slightly negative. Ethereum held above $3,100, while BNB traded above $900.
Price action has stayed relatively firm so far, yet the event risk is building fast. The next question for the market is whether Bitcoin moves first into the $97,000 to $107,000 liquidity zone, or whether the bearish setup described by Doctor Profit starts to assert itself without that interim rally.