2026-01-08 15:32:24

Bitcoin's Technical Picture Getting Tighter

Looking at BTC's recent price action, several analysts are flagging potential downside pressure building in the near term. The confluence of technical resistance and weakening momentum suggests we could see a more significant pullback materializing.

Key levels to monitor:
- Current resistance acting as a supply zone
- Declining volume on recent rallies
- Multiple timeframe showing bearish divergence signals

While corrections are a normal part of market cycles, this setup warrants closer attention. Traders should be keeping tight risk management in place until we see clearer directional conviction from the market.

What's your read on Bitcoin's setup right now?

BTC1,29%

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SocialAnxietyStaker

· 01-11 13:59

Another decline warning, this routine happens every week...

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StablecoinSkeptic

· 01-11 01:47

Looking for a short again? These technical analysis arguments are getting old, always saying it will fall, but what’s the result...

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staking_gramps

· 01-08 16:02

Having to go back and test these resistance levels again, so annoying.

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LiquidationWizard

· 01-08 16:01

Hmm... Is it really going to drop this time? Are the bears about to start their attack?

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NotSatoshi

· 01-08 15:52

Are you trying to scare us again? Every time you say it's going to fall, but it just keeps pushing higher.

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OnchainSniper

· 01-08 15:42

Are you using the volume decay method again? You always say that, but the coins are still there.

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GateUser-cff9c776

· 01-08 15:38

It's the same old supply and demand curve, as intricate as Da Vinci's perspective, but the "bear market philosophy" in the crypto world has always been just armchair strategizing after the fact. When will this "Schrödinger's bull market" finally collapse? If it really can't break down, just take off already—don't keep messing with traders' nerves.

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0xSherlock