Bitcoin ‘head and shoulders’ pattern risks $80K BTC price dip — Analyst
BTC price targets calling for new local lows receive an $80,000 warning from longtime trader and analyst Aksel Kibar.
Bitcoin still risks falling to $80,000 in a bull market correction, the latest prediction from a popular chart analyst warned.
In X posts on Dec. 26, chartered market technician Aksel Kibar revealed a Bitcoin (BTC) price target near some older all-time highs.
Bitcoin has failed to recover $100,000 support over the past week, and downside BTC price targets range from $90,000 to as low as the mid-$60,000 range.
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Author: William Suberg
