Crypto Price Analysis & Overview January 24th: Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Dash

Crypto Price Analysis & Overview January 24th: Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Dash

Bitcoin has dropped by a small 5% over the past week as it hovers around the $8,400 level. It found strong resistance at the $8,963 level (bearish .786 Fib Retracement) and was unable to overcome it. The latest retracement was expected, considering that Bitcoin managed to surge by over 30% in January to reach a high of around $9,150.