According to @caprioleio, $93,500 marks the bearish threshold for Bitcoin (BTC), with continued selling by long-term holders (LTHs) and institutions, and BTC has entered a value zone with multiple liquidity catalysts, making $93,500 a key level to monitor for directional bias. Sources: Charles Edwards (@caprioleio) on X, Jan 12, 2026; Capriole Investments Update #68 at capriole.com/update-68.