Analyst: If BTC fails to hold the $90,000 support level, it may further decline in the short term.

BlockBeats news, on January 9th, according to Cointelegraph, BTC fell to a daily low of $92,500. Analysts warned that if the $90,000 support level cannot be held, the price may continue to fall in the short term. Burkan Beyli, co-founder of Biyond, said in an interview, “If BTC falls below $94,000, the next target is to fall to $81,000 within five weeks. To achieve this bearish scenario, BTC needs to close below $95,180 next week. When CPI data is released, shorts may take action. Overall, I am bearish on Crypto Assets in the short term (4 to 5 weeks), but bullish in the long term, because I expect a correction in the DXY after Trump takes office.”