Bitcoin (BTC) is trading near $95,500 after a brief move toward $98,000 earlier this week. While the market remains active, analysts are watching a series of chart signals and technical levels that may influence the cryptocurrency\u2019s short-term direction.<\/p>\n
A weekly chart posted by Ali Martinez shows a new sell signal on the Supertrend indicator. The last time it appeared, Bitcoin entered a sharp downtrend that resulted in a deep correction. A later buy signal came near the bottom, just before the following rally.\u00a0This recent shift is raising concerns among some traders about a possible move lower.<\/p>\n
$BTC<\/a>: This time is different\u2026 Super cycle incoming! pic.twitter.com\/buYFAMzZpA<\/a><\/p>\n \u2014 Ali Charts (@alicharts) January 16, 2026<\/a><\/p>\n\n Moreover, Crypto Patel shared a chart outlining Bitcoin\u2019s history of deep pullbacks after major peaks. In earlier cycles, corrections of 77% and 84% followed all-time highs of $69,000 and $19,666. The price eventually found support in zones labeled as bullish order blocks.<\/p>\n Bitcoin recently tested a long-term resistance trendline around $126,000 and pulled back. The possibility of a 60% decline to key support zones is being considered as part of a repeating cycle structure. Patel asked<\/a>,<\/p>\n \u201cWhat if Bitcoin crashes to $50K\u2026 just because it can\u2019t break $125K?\u201d<\/p>\n However, a separate chart from Merlijn The Trader shows<\/a> a possible double bottom forming. The structure relies on the price holding above $95,500, with a breakout level marked near $102,000. If confirmed, the projected move could reach $110,000.<\/p>\n Merlijn added that holding $95,500 supports the bullish case, while falling below $87,500 would cancel the setup. These levels are now being used by traders to manage risk and prepare for either continuation or breakdown.<\/p>\n Bitcoin\u2019s current price shows a slight 24-hour decline, while still holding a weekly gain. A recent delay<\/a> in a US Senate crypto market structure bill added pressure to the market. Over $237 million in liquidations were reported across crypto markets in the past day, affecting more than 113,000 traders (per CoinGlass).<\/p>\n Meanwhile, the BTC Fear and Greed Index has shifted back into \u201cgreed<\/em>\u201d territory after months in fear, as previously reported<\/a>. While this reflects increased confidence, past trends show that extreme sentiment can precede short-term corrections. Bitcoin remains at a key point, with both bullish and bearish setups in play.<\/p>\n The post Bitcoin (BTC) Sell Signal Sparks Fears of Major Price Drop<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin (BTC) is trading near $95,500 after a brief move toward $98,000 earlier this week. While the market remains active, analysts are watching a series of chart signals and technical levels that may influence the cryptocurrency\u2019s short-term direction. Sell Signal Appears on Weekly BTC Chart A weekly chart posted by Ali Martinez shows a new […]<\/p>\n","protected":false},"author":0,"featured_media":127648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-127647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/127647"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127647"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/127647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/127648"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Sentiment Shifts as Volatility Returns<\/h2>\n