Bitcoin Price Prediction: Markets Watch January 14 Supreme Court Ruling on Trump’s Tariffs

Bitcoin’s price is holding steady above $90,000 as markets remain unchanged, with investors hunkering down ahead of a potential ruling on the White House’s aggressive import tariffs.

BTC is trading at $90,487 as of 12:55 a.m. EST, remaining within the $85,000-$94,000 range seen since mid-December 2025.

As investors await the important outcome on Wednesday, can the price of BTC soar, or is it poised for a drop back below $89,000?

Markets On Edge As Investors Eye Signals From The Supreme Court

Markets remain on edge as traders await the US Supreme Court ruling on President Trump’s tariffs on January 14.

Data from Polymarket shows that traders assign a 26% chance that the Supreme Court will explicitly uphold Trump’s use of emergency powers under the International Emergency Economic Powers Act to impose tariffs, up from 24% yesterday.

Analysts warn that if the court limits or sidesteps Trump’s tariff authority, fiscal uncertainty would increase.

On other news, December’s employment report confirmed that the US labor market has settled into a slower, more fragile equilibrium, with direct implications for interest rates and monetary policy expectations.

The December US nonfarm payrolls (NFP) report shows that employers added 50,000 jobs, undershooting the expected 73,000 gain, while the unemployment rate edged down to 4.4% from 4.6%.

This data shows a labor market that is cooling without collapsing, allowing policymakers ease financial conditions without risking an immediate resurgence in wage-driven inflation.

Meanwhile, markets were little changed, as investors remain cautious.

Futures tied to the Dow Jones Industrial Average (0.48%), S&P 500 (0.65%), and Nasdaq Composite (0.95%) were hovering near flat levels.

The crypto market also edged down by just 0.73% to a market capitalization of $3.09 trillion, according to CoinMarketCap data, with the CMC Fear and Greed Index remaining neutral at 40.

Bitcoin Price Risks Drop To $64,000

The BTC price now trades at a make-or-break level after forming what appears to be an inverted cup-and-handle pattern, with the handle forming a sideways pattern within the $85,000-$94,000 range.

Despite being held up by the 200-day Simple Moving Average (SMA) at $90,208, the 50-day SMA at $102,829 puts Bitcoin in a risky short-term phase.

Moreover, the Relative Strength Index (RSI) appears to be dropping, currently at 43.58. The drop from the 49 area shows that sellers are currently in control.

As the BTC price remains indecisive, a crypto analyst on X, says that the $93,000 and $88,000 areas matter for any movement to occur.

If the cup-and-handle pattern plays out and Bitcoin drops below the $80,000 area, the next key support level will be the $64,000 area, a measured move within the rounded top pattern (cup area).

Conversely, if the 200-day area holds strong, BTC could still recover above the $94,000 psychological level, with the 50-day SMA acting as the next target and resistance at $102,829.