Technical analysis for the currency $BTC daily frame

Bitcoin is currently trading around 88,200$ within a clear downward trend (downward channel), and the price is still below the downward trend line and strong supply areas.

The last movement was a weak rebound from support, but momentum is still limited.

The RSI indicator is around the neutral zone, reflecting a state of fluctuation and waiting for a clear break or breakout.

🎯 Positive scenario (upward)

In case of breaking the downward trend line and stabilizing above 92,000$

🎯 Targets: 95,000$ – 98,000$ – 102,000$

❌ Negative scenario (downward)

In case of breaking 86,000$ with a daily close

🎯 Targets: 83,000$ – 80,000$ – 78,000$

📌 It is preferable to wait for the daily candle close for confirmation before entering.

⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.