Analysis: Bitcoin's technical side is showing a head-and-shoulders pattern, and it may test the $88,000 and $74,000 support levels successively
2025-01-13 18:20:11
Intouch Capital Markets analyst Piotr Matys warned that Bitcoin fell below an important support level of $91,600, and the technical side showed a head and shoulders pattern, indicating that the trend may turn from long to short. Alex Kuptsikevich, principal analyst at FxPro, further predicted that if the bearish sentiment persists, Bitcoin may test the $88,000 and $74,000 support levels successively.
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