Crypto: Price Predictions 1/26: Spx, Dxy, Btc, Eth, Xrp, Bnb, Sol, Doge,...

Traders continue to defend the lowest support levels in Bitcoin and altcoins, but sellers at the range highs and declining sentiment across the market may complicate a quick recovery.

Bitcoin is attempting a recovery, but higher levels are likely to attract solid selling by the bears.

Several major altcoins are at risk of breaking below their support levels.

Bitcoin (BTC) bounced off the $86,000 level, but the bulls are struggling to sustain the higher levels. That shows selling on rallies.

Although analysts are divided about the near-term prospects of BTC, Binance co-founder Changpeng Zhao said in an interview with CNBC that BTC could witness a super cycle in the next 12 months.

In contrast, Bloomberg Intelligence strategist Mike McGlone said in an interview with Cointelegraph that BTC has put in a long-term top. He added that he doesn't know where the bottom is but said “it is going to be like a low-price cure.”

However, several institutional investors have a different opinion as they believe that BTC is undervalued between $85,000 and $95,000. Coinbase said in its Charting Crypto Q1 2026 report that 80% of the surveyed institutional investors plan to either hold or add to their crypto positions on another 10% fall.

Could BTC and the major altcoins hold on to their support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

The S&P 500 Index (SPX) rebounded sharply off the 50-day simple moving average (6,840) on Tuesday, indicating buying on dips.

The 20-day exponential moving average (6,904) is flattening out, and the relative strength index (RSI) is just above the midpoint, indicating that the bullish momentum is weakening. Buyers will have to push the price above the 7,000 level to start the next leg of the uptrend toward 7,290.

Source: CoinTelegraph