🚨 Technical analysis of currency $BTC – Daily frame

– The price is moving within a downward daily channel

– The area 94K–96K is a strong resistance where the price is currently standing

– The RSI has formed a rising bottom but is still below the overbought areas

– There are important demand areas between 80K – 77K

– The general trend is still downward as long as we are inside the channel

🎯 Possible scenarios:

✅ Positive scenario (for upward movement):

In case of breaking 96,000$ and remaining above it

🎯 Targets: 100,500 – 103,000 – 107,500

❌ Negative scenario (for downward movement):

In case of breaking 90,000$ with a daily candle close

🎯 Targets: 84,500 – 80,000 – 77,000

📌 Note: It is preferable to wait for a daily close to confirm the direction, especially with the price close to the upper limit of the channel.

$BTC

BTC
BTCUSDT
90,193.7
-2.98%