Bitcoin Q1 Outlook: Veteran Trader Sees Bullish Setup as Institutions Step In

BitcoincomNews · 2026-01-07T08:39:14+00:00

Bitcoin has dipped 2.18%, but veteran trader Matthew Dixon sees this as a healthy correction. He notes that the ABC correction and falling wedge patterns indicate bullish continuation, with support at $82K–$85K and resistance at $95K–$112K.

BitcoincomNews

2026-01-07 08:39:14

Abstract generation in progress

Story Highlights* Bitcoin dips 2.18% from highs, but veteran trader views move as healthy correction.

Matthew Dixon says ABC correction and falling wedge signal bullish continuation, not breakdown.
Key Bitcoin support sits at $82K–$85K, resistance zones range between $95K and $112K.

BTC0,24%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.