#BTCUSDT | DAILY TIMEFRAME UPDATE
2025-01-11
Category: None

#BTCUSDT | DAILY TIMEFRAME UPDATE

On the daily timeframe, I remain bearish on #BTC, and lower prices seem likely. Here's a detailed analysis:

If the price of #Bitcoin reaches the $97,543–$99,100 zone, we can look for confirmation on lower timeframes to enter a short position. ✅

Target levels for this downward movement, based on higher timeframes, are as follows: 📉

$90,530

$88,200

$84,600

$81,800

$78,800


Invalidation of this setup occurs if the price moves above $106,100. ❌

