Technical analysis by SatochiTrader about Symbol BTC: Sell recommendation (1/5/2026)

SatochiTrader
BTC Update — Rising Risk of a Pullback Toward 85K

BTC Update — Rising Risk of a Pullback Toward 85K Last update with Data proven trend. Bitcoin is currently trading inside a strong resistance / supply zone around 93–94K, where price is starting to show signs of exhaustion after a sharp impulsive move up. What the Chart Is Showing 📉 Rejection risk at resistance: Price is pushing into a heavy supply zone with limited follow-through. 🧱 Weak continuation structure: Momentum is slowing, and upside progress is becoming inefficient. 🔄 Distribution signals: The current range suggests potential distribution rather than accumulation. Bearish Scenario (High Probability) If BTC fails to hold above the 92–93K zone, a deeper correction becomes likely. The projected move points toward the 85K area, which aligns with: Previous demand Liquidity resting below recent lows A clean reset level for structure Key Levels to Watch 93–94K: Major resistance / invalidation zone for shorts 92K: Short-term support — loss of this level increases downside momentum 85K: Primary downside target and potential bounce zone Summary At this stage, BTC has a high probability of rolling over from resistance. Unless price reclaims and holds above 94K with strong volume, the path of least resistance points down toward the 85K zone. 📌 Caution is advised — this looks more like a pullback phase than a breakout continuation.There is no confirmation of bulltrend, and at any unexpected time BTC can fall into new rejection, it can take time, but at end the risk is there for the fall.