On December 17, as shown in the attached image, I pointed out that $BTC in front of it is an important demand area from 83,500 to 85,500, and indeed the price has bounced back twice from there since then, the latest being today's bounce.
As shown in the Bitcoin analysis, there is a downward trend drawing; if you notice, the price rises strongly towards it every time and then drops quickly after deceiving traders into believing there is buying strength.
Bitcoin needs to rise above this downward trend line in order to be able to rise, and it will face the most important area, which is 94,000. We need it to rise above and stabilize; this will be a very strong indicator for the beginning of an upward movement.


