2026-01-05 21:49:28

BTC/USD Technical Update: The price has reached the upper end of the range, and there is now a clear rejection signal accompanied by a significant downward gap. From the market performance, this combination of a rejection at the high point and the downward gap typically indicates increased short-term pressure. Based on the current technical pattern, I lean towards a bearish outlook at this level—there's a high probability of testing the support below.

BTC4,53%

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BrokenDAO

· 01-08 15:50

Refusing to fill the gap at the high point? I've seen this combo move too many times. And the result? Support rebounds still get smashed. Technical patterns, when it comes to this stuff, without incentives and constraints, it's just gambling.

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TeaTimeTrader

· 01-05 22:19

Is this the same old trick? Rejecting at a higher point + gap, are the bears about to launch again? I'm coming clean—I'm also bearish on this wave, betting that the support line below can hold.

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nft_widow

· 01-05 22:19

Refusing to fill the gap at the high point, this combination is indeed quite sharp.

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ChainChef

· 01-05 22:17

ngl the recipe's looking undercooked here... btc just got rejected at the top and now we're watching it marinate in bearish sauce. that gap down is basically the market telling us "nah, this seasoning ain't right" lol. testing support next seems pretty inevitable tbh, just gotta let it simmer and see where the liquidity actually sits.

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SilentObserver

· 01-05 22:10

It's the same old story, support below the gap. Last time I heard this, the market was already losing heavily.

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