Price predictions 1/12: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, BCH

Bitcoin and several major altcoins bounced off their strong support levels, but charts and trading volume suggest bears will continue to sell at the range highs.

Key points:

Bitcoin could reach the $94,789 level, where the bears are expected to step in.

Select major altcoins are showing strength, indicating that the recovery may continue for some more time.

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