Bitcoin holds $84,000 — for now — but analysts warn of drop to $70,000 if support fails

Bitcoin is currently trading at a value of $84,000, a price point that has generated considerable interest among investors and market watchers alike—at least for the time being. However, experts and analysts in the financial realm caution that this stable figure could be at risk of declining significantly, potentially plummeting to as low as $70,000. This prediction hinges on the critical condition that unless the existing support levels remain intact and effectively sustain this price, a downturn could ensue. The sentiment in the market suggests that vigilance is necessary as fluctuations are common, and the future trajectory of Bitcoin's value remains uncertain. source: https://www.coindesk.com/markets/2026/01/29/crypto-hit-hardest-in-market-selloff-with-analysts-seeing-bitcoin-in-deeper-pullback-to-usd70-000