$BTC USD

(Timeframe: 1D – Daily, BTCUSDT Perp)

📈 Overall Structure

Price is moving within an ascending channel (red trendlines are clear).

Low around 80,600 is creating higher lows → short-term bullish structure.

Currently, the price is near the lower half of the channel (~88,280).

🔑 Important Levels

Support (strong):

88,000 – 87,600 → immediate support (this is where a reaction could occur)

84,500 – 85,000 → mid support

80,600 → major demand zone (channel bottom)

Resistance:

92,000 – 93,000 → first resistance

98,000 – 100,000 → channel top / strong supply

📊 Price Action Insight

Recent candles show a pullback + consolidation → trend has not broken.

As long as a daily close above 88k is maintained, the bullish channel will remain valid.

A strong rejection from the channel bottom would lead to an expected bounce.

🧠 Possible Scenarios

Bullish Scenario ✅

If 88k holds → price can test 92k → 95k → 98k.

Bearish Scenario ⚠️

If a daily close comes below 87.5k → correction could occur down to 85k.

If 80.6k breaks → structure will become weak (risk of trend change).

Next support :67931&53860

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