The post Bitcoin May Dip Below $80,000 in This Week’s Volatility appeared on BitcoinEthereumNews.com.

Bitcoin (BTC) saw modest volatility around Tuesday’s Wall Street open as BTC price analysis saw a market bottom by the end of the month. Key points: Bitcoin should be safe from new local lows for the current US session, but the week is still tipped to be volatile. Analysis says BTC price action is in a “period of anticipation.” A market take using the Wyckoff method calls for a sub-$80,000 swing low on Bitcoin before February. “High probability” BTC will hold $87,000 Tuesday Data from TradingView showed a trip to $88,315 for BTC/USD before it retraced the move to head lower. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Still rangebound, Bitcoin offered little inspiration to market participants. Keith Alan, cofounder of trading resource Material Indicators, offered some hope in the form of a buy signal from one of the latter’s proprietary trading tools. “A new Trend Precognition signal on the $BTC Daily chart does not necessarily mean Bitcoin will test resistance today,” he wrote in an X post on the topic.  “While that is indeed a possibility, the new signal indicates there is a high probability that price will not revisit yesterday’s low today.” BTC/USD one-day chart. Source: Keith Alan/X Alan referred to Monday’s brief dip below $87,000 and said that the current daily candle now needed to close above the 2026 open level near $87,500. “A wick below is a sign of weakness, and an indication that a breakdown is likely coming,” he added. While the S&P 500 and Nasdaq Composite Index both opened slightly higher on the day, gold began to show signs that it would retest $5,000 as support. XAU/USD one-hour chart. Source: Cointelegraph/TradingView As volatility cooled across macro assets, Bitcoin price momentum analysis from onchain analytics platform CryptoQuant was cautiously optimistic. “Data from Binance shows that daily price…

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Filed under: News - @ January 28, 2026 6:27 am