{"id":69477,"date":"2026-01-27T09:46:50","date_gmt":"2026-01-27T09:46:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=69477"},"modified":"2026-01-27T09:46:50","modified_gmt":"2026-01-27T09:46:50","slug":"4-red-months-in-a-row-bitcoin-faces-rare-2018-style-crash-signal","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=69477","title":{"rendered":"4 Red Months in a Row? Bitcoin Faces Rare 2018-Style Crash Signal"},"content":{"rendered":"
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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

Price Fails at Key Resistance<\/h2>\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

Key Technical Levels in Focus<\/h2>\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

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Trend Precognition is showing a new \"\u2b06\" 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<\/blockquote>\n