Bitcoin volatility builds into 27–28 January macro events and Trump speech
As January draws to a close, Bitcoin is navigating rising volatility tied to five macro data releases on 27 January and an FOMC meeting on 28 January, alongside a scheduled speech by U.S. President Donald Trump. With ETF outflows, weak spot demand, and a tight $85k–$90k trading range, leveraged positioning and a 70% long skew on Binance leave BTC vulnerable to sharp swings. This combination raises the risk that Bitcoin's monthly return turns negative for the first time since the 2022 bear market.