According to Cointelegraph, market technical analyst Aksel Kibar predicts that BTC could fall to $80,000 in a bull run correction.
Kibar pointed out in his Dec. 26 X post that BTC price has failed to recover the $100,000 support and could form a head and shoulders top pattern with a target price of $80,000. Despite this, there are signs of recovery in the market. Santiment's analysis shows that whales are transferring stablecoins to exchanges, suggesting that the market may pick up. In addition, the U.S. spot Bitcoin ETF saw net inflows after four consecutive days of net outflows.
