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

TL;DR:
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:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.