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BlackRock’s Larry Fink warns against trying to time the market

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BlackRock’s Larry Fink warns against trying to time the market

Larry Fink, Chairman and CEO of BlackRock, speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Jan. 15, 2026.

Brendan McDermid | Reuters

BlackRock CEO Larry Fink urged investors to resist the temptation to time markets, arguing that staying invested through periods of turmoil has historically delivered far stronger returns.

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“Over time, staying invested has mattered far more than getting the timing right,” Fink wrote in his annual chairman’s letter released Monday. “Some of the market’s strongest days came amid the most unsettling headlines.”

He pointed to the past two decades as a stark example: every dollar invested in the S&P 500 grew more than eightfold. But investors who missed just the 10 best days over that stretch would have earned less than half as much.

The warning from the billionaire comes as markets are increasingly driven by rapid shifts in sentiment tied to geopolitics, inflation and technological disruption. Stocks rallied sharply Monday after President Donald Trump said the U.S. and Iran have held talks and that he was halting strikes on Iranian energy infrastructure.

“The danger is that we focus so much on the noise that we forget what actually matters,” Fink wrote. “The forces behind today’s headlines have been building for a long time. The old model of global capitalism is fracturing. Countries are spending enormous sums to become self-reliant — in energy, in defense, in technology.”

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BlackRock is the world’s largest asset manager with a $14 trillion in assets under management at the end of 2025.

Fink also warned that the rapid rise of artificial intelligence could amplify inequality, enriching those who already own assets while leaving others further behind.

“The massive wealth created over the past several generations flowed mostly to people who already owned financial assets. And now AI threatens to repeat that pattern at an even larger scale,” he said.

Companies tied to AI have driven a significant share of recent equity market gains, concentrating returns among a relatively small group of firms and their shareholders.

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Crypto World

Bitcoin Traders Warn BTC Price Bear Market Is Set to Resume Toward $46K

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Cryptocurrencies, Bitcoin Price, Markets, Market Analysis

Bitcoin’s (BTC) failure to close the week above the 200-week exponential moving average (EMA) on Sunday put it at risk of another downward leg over the coming weeks or months.

Key takeaways:

  • Bitcoin price signals “structural weakness” with failure to close week above a key trend line.

  • Analysts say the next breakdown clears path for another sell-off toward $46,000.

  • The $47,000 level features as a deep structural support for Bitcoin. 

Bitcoin price weakness sparks sub-$50,000 targets

Data from TradingView showed BTC/USD trading at $71,190, or 6% higher than its intraday low of $67,300.

The pair had failed to produce a weekly close above the 200-weekly EMA on Sunday, currently at $68,300, suggesting that last week’s relief rally to $76,000 was a possible bull trap.

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Cryptocurrencies, Bitcoin Price, Markets, Market Analysis
BTC/USD weekly chart. Source: Cointelegraph/TradingView

There is evidence of profit-taking every time Bitcoin rises to key accumulation levels, and commenting on the current market setup, many traders warned that any downside could snowball quickly.

Related: Bitcoin risks 50% drop as BTC’s positive correlation with US stocks grows

“$BTC broke down from the rising wedge over the weekend,” said analyst Jelle in a Monday post on X, adding:

“Consolidate here for a day or two, and those untapped lows look ripe for the taking.”

The analyst was referring to the area between the local low of $65,500 and the range low of $59,930 reached on Feb. 6.

BTC/USD daily chart. Source: X/Jelle

“BTC has lost the EMA50 once again, and the global crisis feels more insecure today than it did 2 weeks ago,” fellow analyst Stockmoney Lizards said in the latest Bitcoin analysis on X.

Combined with the technical weakness, “it looks like we could be revisiting the sub-$60K area,” the analyst added.

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“Bitcoin is getting close to taking that next leg lower into the mid-$40Ks,” analyst Michael J. Kramer said, referring to the measured target of a bear flag around $46,600.

BTC/USD daily chart. Source: Michael J. Kramer

These targets echo prediction market traders, who price in a 70% chance that Bitcoin drops below $55,000 in 2026, while placing the odds of a drop below $45,000 at 46%. 

“Deep structural” support for BTC is at $47,000

Bitcoin is trading near the 200-week EMA at $68,300, coinciding with the realized price of the “largest holder cohort (100-1K BTC),” according to CryptoQuant analyst Axel Adler Jr.

“As long as the price holds above $68K, the largest cohort remains near its cost basis and maintains a more resilient position,” Adler Jr. said in a Bitcoin analysis on Monday, adding:

“A move below this level would signal deteriorating structure and increase the likelihood of a more nervous reaction from large holders.”

Bitcoin realized price balance of 10-100 vs 100-1K. Source: CryptoQuant

Meanwhile, the realized price of the 10-100 BTC holder cohort sits notably lower around $46,700, forming a “deep structural threshold that would become meaningful only in the event of a full-scale deterioration in market regime,” the analyst added.