Bitcoin’s “Failed” Breakout Sees $58,000 Target Return

Jan 20, 2026 - 09:45
Bitcoin’s “Failed” Breakout Sees $58,000 Target Return
Bitcoin (BTC) slid to eight-day lows on Tuesday as macro headwinds gave bulls new headaches. Key points: Bitcoin toys with the 2025 and 2026 yearly opens after a “failed” breakout from its multimonth range. Current BTC price weakness is not a result of the macro environment, analysis says. Targets for Bitcoin include a comedown to...

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