Analyst: Bitcoin's rebound momentum is weakening, potentially dropping to $76,000.
TechFlame
2026-01-08 15:35
TechFlame2026-01-08 15:35
English
TechFlame News: According to Cointelegraph, after surging close to $95,000, Bitcoin has retreated to near its year-opening price and could even fall below $90,000 within the daily trading timeframe. Keith Alan, co-founder of the trading resource platform Material Indicators, stated, "Bitcoin's first attempt at a breakout has been clearly rejected." Earlier this week, he warned that bearish forces were at play on higher timeframes. He pointed out that the key technical support levels are concentrated in the range of $87,500 to