Battle between Bitcoin bulls and bears spills over into 2026: Here’s the price levels to watch

Bitcoin bears might have the upper hand at the yearly open, but charts suggest bulls will fiercely defend these key price levels.

Key points:

Bitcoin is bearish in the short term and could plunge to $50,000 if the $74,508 level is breached.

The short-term trend is likely to turn bullish above $100,000, opening the doors for a rally to $126,199.

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