Price predictions 1/16: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, XMR, BCH, LINK

The crypto market rally lost momentum as Bitcoin met resistance near $98,000, but technical charts suggest traders will actively buy dips to underlying support levels in altcoins and BTC.

Key points:

Bitcoin is attempting to find support near the $94,500 level, signaling a positive sentiment.

Buyers will have to defend the support levels in select major altcoins; else the recovery could fizzle out.

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