Bitcoin (BTC) is trading under pressure after failing to break a key resistance level. The asset remains below $90,000, with technical patterns suggesting a deeper move toward $70,000 in the coming days or weeks.<\/p>\n
Bitcoin was rejected at the $94,000 to $98,000 range after several attempts to break through it. This area acted as neckline resistance in a larger technical setup. After the rejection, the price moved sharply lower, confirming a bearish trend. A failed Head and Shoulders pattern and a bear flag breakdown support<\/a> the current move.<\/p>\n The asset hovers around $88,000 at press time. Analysts are tracking three support levels: $80,000, $75,000, and $70,000. According to analyst Crypto Patel, these levels match the expected<\/a> move from the breakdown, which points to a possible 22% decline. The trend is considered bearish until the price regains and holds above $92,000.<\/p>\n Over the past seven days, Bitcoin has fallen more than 6%. Despite a small recovery of under 1% in the last 24 hours, the asset remains near its lowest point in a month. The market is waiting<\/a> for a decision from the US Federal Reserve and earnings reports from major tech companies. Both events could affect sentiment across risk assets.<\/p>\n Bitcoin\u2019s decline has also followed a series of large liquidations in the derivatives market. These forced sell-offs added pressure during a week marked by wider uncertainty in global markets, including sharp moves in currencies and US bonds.<\/p>\n According to Material Indicators, a CoinMarketCap contributor, the 50-day simple moving average near $90,000 is acting as resistance. Liquidity worth over $50 million is sitting above that level, making it harder for bulls to regain control. The 21-day moving average is near $91,500 and could add to the resistance if the price rises again.<\/p>\n A crossover between the 21-day and 50-day moving averages is expected next month. If the shorter average crosses below the longer one, it could add to the bearish pressure.<\/p>\n Trend Precognition is showing a new signal on the $BTC<\/a> Daily chart.<\/p>\n Bulls have some work to do to turn this into a meaningful rally before the monthly close, but in the Wild West of Crypto, anything\u2019s possible.<\/p>\n Key Points:<\/p>\n 50-Day SMA (~$90k) is being defended by $50M+ in\u2026 pic.twitter.com\/rqU3V4qoNd<\/a><\/p>\n \u2014 Material Indicators (@MI_Algos) January 27, 2026<\/a><\/p>\n\n In addition, another analyst, BitBull, reports<\/a> that Bitcoin is sitting near the Active Investor Mean at $87,500. This often acts as a decision point\u2014if held, it may attract support. If lost, the asset may fall toward $80,700, which has historically served as a deeper support level.<\/p>\n Short-term holder cost basis is above $96,000, meaning many are now in a loss. This creates selling pressure above the current price. Long-term holders, by contrast, remain in profit, with their average cost closer to $56,000.<\/p>\n Crypto analyst Aman also observed<\/a>, \u201c$BTC is on the edge of a 4th consecutive red month,<\/em>\u201d a rare pattern last seen in 2018. As we previously reported<\/a>, market analysts remain cautious about current price levels, noting that recent lows may not mark a final bottom.<\/p>\n The post 4 Red Months in a Row? Bitcoin Faces Rare 2018-Style Crash Signal<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin (BTC) is trading under pressure after failing to break a key resistance level. The asset remains below $90,000, with technical patterns suggesting a deeper move toward $70,000 in the coming days or weeks. Price Fails at Key Resistance Bitcoin was rejected at the $94,000 to $98,000 range after several attempts to break through it. […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-130193","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/130193"}],"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=130193"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/130193\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Key Technical Levels in Focus<\/h2>\n