January 26, 2026

Bitcoin- Down again after the false break?

Bitcoin- Down again after the false break?

Bitcoin- Down again after the false break?

Bitcoin- Down again after the false break?

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Mihai_Iacob


Bitcoin- Down again after the false break?

Bitcoin is trading in a range for 3 weeks now and although it had a break of resistance on Monday, this proved to be a false one and the main cryptocurrency fell under this again.
Usually, after a false break in one direction, the asset will have a real break in the other direction, and if this holds true also in this case, Bitcoin could fall again under 27500 and test 25k .
My outlook on the short term is bearish Bitcoin at this moment and only the price above 32.500 would make me change my mind

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