#BTC Local Analysis:

Bitcoin has broken down from the local trend, creating a gap at 97300! This could easily lead to a correction to 92000-90000.

Also, there is a gap open at 92000; within two days we may see sharp drops to 92000-90000 and then a rise to 97300!

The liquidity zone at 100,000 also remains untouched! And the funding continues to be negative! (There are more shorts in the market)

Since the exit from the channel has gone down, it is more prioritized to see a decline to 92-90k.