Bitcoin Faces Price Retest at $87,500 Amid Bearish Control
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 07 2026- Price Retest Expectation: Analyst Keith Alan forecasts a retest of Bitcoin's price at $87,500, indicating that the market is currently caught in a tussle between buyers and sellers, making it unlikely to break new highs in the short term.
- Market Control Dynamics: Despite the appearance of a golden cross on the daily chart, bears remain dominant on higher timeframes, reflecting cautious market sentiment that could lead to price declines in the coming months.
- Support Defense: Bitcoin's current price hovers around $92,000, with analyst insights suggesting whale activity indicates a need for a support test closer to the yearly open, hinting at increased price volatility in the short term.
- Long-Term Outlook Pessimistic: Multiple trading tools suggest Bitcoin is unlikely to reach new all-time highs in the next six months, with analysts stating that a weekly close above $101,500 is necessary for a true turnaround.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
