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TechFlow news, on January 13, according to Jinshi report, Intouch Capital Markets analyst Piotr Matys warned that Bitcoin has broken below the key support level of $91,600, with technical indicators showing a head-and-shoulders top pattern, signaling a potential shift from bullish to bearish trend. FxPro Chief Analyst Alex Kuptsikevich further predicted that if bearish sentiment persists, Bitcoin may test support levels at $88,000 and then $74,000.
According to Jinshi, Piotr Matys, analyst at Intouch Capital Markets, warned that Bitcoin has broken below the key support level of $91,600, forming a bearish head and shoulders pattern, signaling a potential shift from a bullish to a bearish trend. FxPro's chief analyst, Alex Kuptsikevich, further predicted that if bearish sentiment persists, Bitcoin could test support levels at $88,000 and then $74,000.
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