{"id":9652,"date":"2026-01-22T19:13:14","date_gmt":"2026-01-22T19:13:14","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/bitcoin-to-80000-analyst-warns-of-potential-free-fall-as-btc-erases-2026-gains\/"},"modified":"2026-01-22T19:13:14","modified_gmt":"2026-01-22T19:13:14","slug":"bitcoin-to-80000-analyst-warns-of-potential-free-fall-as-btc-erases-2026-gains","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/bitcoin-to-80000-analyst-warns-of-potential-free-fall-as-btc-erases-2026-gains\/","title":{"rendered":"Bitcoin To $80,000? Analyst Warns Of Potential Free Fall As BTC Erases 2026 Gains"},"content":{"rendered":"

As the market erases its 2026 gains, Bitcoin (BTC) has fallen to its lowest level in weeks and is attempting to reclaim a crucial level. Some market observers have warned that a retest of the November lows is likely if volatility continues.<\/p>\n

Bitcoin Breaks Down From Key Support<\/h2>\n

On Wednesday, Bitcoin continued to pullback and hit a three-week low of $87,263. The cryptocurrency had been trading between the $90,000-$96,000 range since its start-of-the-year breakout, reaching a two-month high of $97,924 a week ago.<\/p>\n

However, the crypto market has experienced significant volatility over the past few days, fueled by renewed geopolitical tensions. As a result, BTC has retraced 10% in the past week, falling to the mid-zone of its $84,000-$94,000 range.<\/p>\n

Amid this performance, trader Wealthmanager noted<\/a> that the flagship crypto had retraced all its 2026 gains, briefly falling below its yearly opening and POC. He added that this is a critical level to hold in the coming days, as losing this area could send the price back to the $80,000 mark.<\/p>\n

Analyst Crypto Jelle highlighted<\/a> a two-month bear flag structure on BTC\u2019s daily chart, suggesting a high chance of a breakdown. \u201cLose the current lows again, and bears will be fully back in the driver’s seat,\u201d he asserted.<\/p>\n

Similarly, Market observer Lyvo Crypto pointed out the same formation, detailing that Bitcoin broke down from the pattern\u2019s ascending support after the recent price action and lost its two-month uptrend.<\/p>\n

\"bitcoin\"<\/p>\n

To the trader, this signals that \u201cmomentum is fully in the bears\u2019 control\u201d and \u201cif it [bearish momentum] sustains, we could see a free fall\u201d that could likely result in a retest of the $78,000 area.<\/p>\n

In the case of a breakdown to the November lows, he advised that \u201cfrom there, we\u2019ll wait for confirmation of a double bottom and look for a relief rally.\u201d<\/p>\n

BTC To Repeat Its 2020 Price Action?<\/h2>\n

Crypto Bullet drew<\/a> a parallel between BTC\u2019s current price action and its performance in early 2022. The analyst affirmed that the current price action closely mirrors its 2022 fractal, which could signal that a major correction is ahead.<\/p>\n

At the time, Bitcoin retraced over 40% from its late 2021 cycle top, followed by a \u201cdead cat bounce\u201d at the start of 2022 and a second major correction toward new lows.<\/p>\n

Now, the flagship crypto displays a similar performance as it has retraced 30% from the October highs and is currently attempting to reclaim the lost ground. However, Crypto Bullet noted that there are two significant differences from its 2022 correction.<\/p>\n

First, Bitcoin has yet to retest the 50-week and 200-week Moving Averages (MAs). Second, the timing hints that the final breakdown is not due until later in Q1.<\/p>\n

\u201cIf we match the 2022 fractal\u2019s top and the October 2025 top, we\u2019ll see there\u2019s still about 1 month of PA to make that final leg up and test the 50-Week MA or the 200-Day MA,\u201d he explained.<\/p>\n

He concluded that one more pump above the $100,000 is likely, but advised caution as the key supports are being tested.<\/p>\n

As of this writing, Bitcoin is trading at $89,890, a 1.2% increase in the daily timeframe.<\/p>\n

\"bitcoin,<\/p>\n","protected":false},"excerpt":{"rendered":"

As the market erases its 2026 gains, Bitcoin (BTC) has fallen to its lowest level in weeks and is attempting to reclaim a crucial level. Some market observers have warned that a retest of the November lows is likely if volatility continues. Bitcoin Breaks Down From Key Support On Wednesday, Bitcoin continued to pullback and…<\/p>\n","protected":false},"author":1,"featured_media":9653,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[119],"tags":[56,181,4452,3921,61,4568,62,42,725,468,281],"class_list":["post-9652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-analysis","tag-bitcoin-bear-flag","tag-bitcoin-breakdown","tag-btc","tag-btc-price-forecast","tag-btcusdt","tag-crypto-analyst","tag-crypto-market-correction","tag-crypto-market-recovery","tag-crypto-trader"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=9652"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/9653"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=9652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=9652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=9652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}