Jake Wujastyk: CIFR breakdown signals price retest to 16.50

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Ashutosh Sureka

07.02.2026

Jake Wujastyk: CIFR breakdown signals price retest to 16.50 — CIFR breakdown signals retest

Jake Wujastyk highlights a significant breakdown in CIFR through its trend zone. According to his analysis, the logical move in the coming days would be a price retest of the trend zone ranging from $15.75 to $16.50.

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Wujastyk’s assessment of CIFR’s breakdown and possible price retest aligns with his previous caution regarding a potential Bitcoin flash crash risk, where he emphasized the significance of volume gaps affecting major cryptocurrencies. His ongoing coverage further underscores how key technical levels, as noted in his analysis of Bitcoin’s positioning for a potential move, serve as critical inflection points for market participants.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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