Analysis of $BTC - Daily Frame

Bitcoin has broken the daily uptrend and is currently trading below an important supply area.

☄️ Negative Scenario:

If the daily close remains below the 109,000 area, it is likely that the correction will continue towards the demand area between 100,000 - 96,000, which represents a strong potential support.

🔼 Positive Scenario:

If the price returns to close daily above 109,000, it means the break has failed and upward momentum has been regained. We may see a target at the previous peak of 110,700 and perhaps break it later.

📉 The daily RSI indicator shows a clear weakness in momentum, supporting the likelihood of a drop, but we are monitoring the current demand area for a potential rebound.

🎯 Summary:

The 109,000 area is the key between continuing the rise or continuing the correction. The bearish scenario is the most likely until we see a strong close above it.#TradingTypes101 #Bitcoin2025 #SaylorBTCPurchase #BTC #bitcoin