Deep Tide TechFlow News: On January 8th, according to Cointelegraph, Bitcoin encountered resistance near $95,000 following a recent rebound and has since pulled back to around $90,000. Some analysts maintain a bearish stance, predicting prices could decline further to $76,000 levels. Technical analysis shows support range at $87,500-$89,000, with multiple traders believing the current consolidation is merely a "reset" before a decline. Market data reveals that while open interest reaches new highs, prices are slowly declining, indicating bears dominate the market. Some analysts even suggest that if prices break below the January low of $87,500, it could help establish a more solid foundation for a long-term rebound.