#BitcoinWithTariffs BTC Daily time frame chart outlook.

It appears that there is a breakdown from the support at $89.3k indicating a transition from bullish to bearish with confirmation at the key level of $89.3k.

On the other hand, technically BTC is forming a momentum reversal in the form of a bullish divergence by RSI. The potential for BTC to continue rising at least to retest the key level at $89.3k when able to break out from the descending channel trendline. If it fails, the potential decline for BTC next is to $73.7 - 68.9k as major demand on the daily timeframe.

Disclaimer:

- This outlook is subjective and based on personal perspective.

- There is no invitation to enter and please conduct a re-analysis.

- Make sure to manage money with every entry.

- This outlook is shared only for educational purposes.