According to @MI_Algos, Trend Precognition has printed a new up signal on the BTC daily chart, but bulls need follow-through before the monthly close to turn it into a sustained rally (source: @MI_Algos). According to @MI_Algos, the 50-day SMA near 90k is being defended by over 50M in ask liquidity, while the strongest confluence sits around 91.5k at the 21-day SMA and the 2026-01-05 Timescape level (source: @MI_Algos). According to @MI_Algos, the 21/50-day SMAs are on track for a potential death cross next month, increasing urgency for bulls to reclaim and hold above 91.5k (source: @MI_Algos). According to @MI_Algos, a sustained break and hold above 91.5k before the crossover could trigger a major short squeeze, close two CME gaps toward 93k, and shift attention to the 2025 yearly open (source: @MI_Algos). According to @MI_Algos, policy momentum around the Clarity Act and shifting geopolitical headlines could provide short-term tailwinds (source: @MI_Algos).

According to André Dragosch, PhD, price gaps in the CME are often a result of excessive market sentiment, leading to corrections. This behavior is crucial for traders to understand as it signals adjustments in price movements, which can be pivotal for strategic trading decisions. The tendency for these gaps to fill provides traders with opportunities to anticipate potential price reversals or continuations (source: André Dragosch, @Andre_Dragosch).

According to CrypNuevo, Bitcoin is currently facing challenges at a pivotal chart zone, marked by two CME gaps. The analyst emphasizes the importance of developments in the next 10 days to avoid setting lower price targets. This situation suggests potential market manipulation or volatility risks that traders should monitor closely. Source: CrypNuevo via Twitter.