$BTC is testing a major confluence support on the daily chart...
Primary rising trendline (white) the main structural support of the entire uptrend. Horizontal demand zone around $82K–$84K. Strong reaction wick from the same zone. As long as BTC stays above the white trendline, the macro uptrend structure remains intact.
Critical Note A daily close below the white trendline would be the first real structural breakdown of this cycle. If this level is lost, downside risk increases significantly toward: $78K $72K (major liquidity pocket).
Key Resistance Levels Resistance 1 → $94,000 BTC must reclaim this to ease selling pressure.
Resistance 2 → $99,000 Daily EMA50 + structural resistance. A close above this would signal a bullish reversal.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin Daily Outlook / Critical Support Test
$BTC is testing a major confluence support on the daily chart...
Primary rising trendline (white) the main structural support of the entire uptrend.
Horizontal demand zone around $82K–$84K.
Strong reaction wick from the same zone.
As long as BTC stays above the white trendline, the macro uptrend structure remains intact.
Critical Note
A daily close below the white trendline would be the first real structural breakdown of this cycle.
If this level is lost, downside risk increases significantly toward: $78K $72K (major liquidity pocket).
Key Resistance Levels
Resistance 1 → $94,000
BTC must reclaim this to ease selling pressure.
Resistance 2 → $99,000
Daily EMA50 + structural resistance.
A close above this would signal a bullish reversal.
Summary
Above white trendline structure intact.
Below white trendline trend breakdown risk.
Above $94K relief rally.
Above $99K bullish reversal confirmation.
The next few daily candles will decide the direction.
#bitcoin #altcoin #crypto