BTC · Daily Chart · Key Support in Play 🎉✅

On the D1 timeframe, BTC experienced a sharp decline and is currently reacting at a major lower support zone. We've observed liquidity sweeps and buyers stepping in, suggesting several potential scenarios ahead.

**Scenario 1: Higher Probability**

BTCUSD may execute one more sharp move downwards. This move could form a long-wick candle, sweeping below the current support, similar to the setup seen in October 2021. Such a dip might push prices into the $80,000–$83,000 range to secure liquidity.

Following this potential sweep, BTC could then bounce strongly. This could lead to the formation of a double bottom pattern, allowing BTC to regain strength and momentum.