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Bearish

Bitcoin is forming a flag pattern and rejecting from the top. Looking at the bullish market structure, we can see a push higher towards resistance now, and retracements are intact until $78,800.


#GateSquareMayTradingShare #CLARITYActPassesSenateCommittee
$BTC
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This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
BTCBTC-2.06%
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CandlewickKid
2026-05-18
CLARITY Act advancement + technological form, double benefits stacking, $BTC this wave has a chance
0View Original
OrdinalsCollector
2026-05-16
If this flag breaks downward, it would be awkward; hopefully, it doesn't turn into a false breakout.
0View Original
BridgeHopster
2026-05-15
The bullish structure is still there, but the rejection was a bit harsh. Watch to see if the volume can keep up.
0View Original
NeonVortexInTheSmog
2026-05-15
I personally prefer to wait for a pullback around 78k before building a position; currently chasing higher carries a higher risk-to-reward ratio.
0View Original
BlueLakeOverlooker
2026-05-15
If the 78,800 retracement level holds, the next breakout will be stable, and the flag pattern will follow the standard form.
0View Original
PoolAdjuster
2026-05-15
First Review
The bill has passed on the Senate side, providing macro support for crypto, with technical and fundamental aspects resonating.
0View Original

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