🚨 Technical analysis of $BTC | Daily timeframe

🔸 The price is currently trading within a descending structure, continuing to record lower highs and lower lows, reflecting the dominance of selling momentum.

🔸 The area 84,000 – 85,000$ represents significant support, and there has been previous price interaction from it, so we might witness a slight technical rebound as long as it is not broken by a clear daily close.

🔸 If the price fails to maintain this area, we might see a further decline towards deeper demand zones below.

🔸 From the top, the area 95,000 – 98,000$ remains a strong supply zone, and any rise toward it is considered corrective unless it is broken and held above.

🔸 The RSI indicator is moving below the average, indicating weak buying momentum and ongoing caution in the current movement.

❗️This is a technical analysis and not investment advice.