Bitcoin 'head and shoulders' pattern risks $80K BTC price dip — Analyst

BTC price targets calling for new local lows gain an $80,000 warning from longtime trader and analyst Aksel Kibar.

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Bitcoin (BTC) still risks falling to $80,000 in a bull market correction, the latest prediction from a popular chart analyst warns.

In X posts on Dec. 26, Chartered Market Technician Aksel Kibar revealed a BTC price target near old 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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