Yep
I am was one of GODs titles HE used with his encounter with Moses .
Jesus was just stating GOD was before Abraham.
Exodus 3:14 (KJV)
And God said unto Moses, I AM THAT I AM: and he said, Thus shalt thou say unto the children of Israel, I AM hath sent me unto you.
John 8:58 (KJV) Jesus said unto them, Verily, verily, I say unto you, Before Abraham was, I am.
Jesus could have used any other name for God .
John 8:58 (KJV) Jesus said unto them, Verily, verily, I say unto you, Before Abraham was, The LORD of HOSTS
John 8:58 (KJV) Jesus said unto them, Verily, verily, I say unto you, Before Abraham was, Jehovah