2026-01-31 20:08:32

#BTC is coiling inside a tightening triangle.

This kind of structure often brings choppy price action and fake moves, especially heading into the weekend and early next week.

Big picture still leans bearish.

‍$BTC keeps printing lower highs and remains capped below the descending trendline and the $85K–$85.5K resistance. Any upside for now looks more like relief bounces, not trend shifts.

• Resistance: $85,000–$85,500

• Support below: $81,500–$81,000

The stance stays bearish on higher timeframes, with only short-lived lower-timeframe relief bounces possible.

BTC1,82%

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