TechFlow news, January 8: According to Cointelegraph, after a recent rebound, Bitcoin has stalled below $95,000 and has now pulled back to around $90,000. Some analysts maintain a bearish outlook, forecasting the price could decline further toward $76,000. Technical analysis indicates support levels between $87,500 and $89,000, with many traders viewing the current sideways consolidation as a "reset" ahead of further downside. Market data shows that while open interest hits new highs, prices are gradually declining—suggesting bearish dominance. Some analysts even argue that a breakdown below January's low of $87,500 could help establish a more solid foundation for a long-term recovery.
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