Bitcoin's price action on the Daily timeframe shows a peak at 110K USD, followed by a pullback to the 93.7K USD zone. This could be a technical correction after reaching a new high.
Possible scenarios:
Support at 93.7K USD: If BTC holds this level and shows signs of bouncing, the uptrend may continue.
Break below 93.7K USD: If selling pressure increases, BTC could test deeper support levels around 90K or 85K USD.
Trading volume and technical indicators: Watch RSI, MACD, and volume to confirm a trend reversal or further correction.
This is a personal opinion, not investment advice.
Wishing you a successful trading day!$BTC #RoyalCrypto99