BTC ยท Daily Chart ยท Key Support in Play ๐ŸŽ‰โœ…

On the D1 timeframe, BTC dropped sharply and is now reacting at a major support zone. Price has swept liquidity, and buyers have stepped in. We anticipate several potential scenarios from here:

Scenario 1 (Higher Probability):
- BTC may still make one more sharp move down. This could form a long-wick candle that sweeps below support, similar to the October 2021 setup. Price might dip into the $80kโ€“$83k zone, grab liquidity, and then bounce.

- From there, BTC could form a double bottom, regain strength, and confirm a bullish reversal. ๐Ÿ“ˆ