​🚨 $BTC Market Update | Technical Analysis 🚨

​Current Price: $87,300 💰

Timeframe: Daily (1D) 📅

​🔍 Market Insight:

​Market Structure: The overall trend remains Bearish, characterized by a series of lower highs and lower lows.

​Support Zone: Price is currently hovering above a critical Demand Zone between $84,000 – $82,000.

​Outlook: Any current upward move is considered a "corrective rally" as long as the price remains below key supply zones.

​Momentum: Momentum remains weak; a decisive breakout is required to confirm a trend reversal.

​📈 Bullish Scenario (Upside):

​If the price breaks and sustains above $92,000:

🎯 Targets: $96,000 → $104,000 → $112,000

​📉 Bearish Scenario (Downside):

​If the price breaks below the support at $82,000:

❌ Targets: $78,000 → $72,000 → $65,000

​💡 Trading Tip:

​Given the prevailing trend, the preferred strategy is "Selling into Supply" until a confirmed reversal signal emerges.

​⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. All investment decisions are your own responsibility.

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