📊 Analysis: BTC 1Day.

Bitcoin – Daily Timeframe Update

Price gave a weak reaction to the $65,500 support and bounced up to $68,700 📈
However, the zone has now been weakened due to multiple wicks, meaning on the next test, the probability of a breakdown increases

💡 Liquidation Map Insight:

If price reaches $90K, around $13B worth of short positions could get liquidated.
📉 If price drops to $53K, roughly $2.5B worth of long positions would be liquidated.

🟢 Support:
$52,400 – $50,400
$43,800 – $38,500

🔴 Resistance:
$83,700 – $84,700
$88,600 – $90,600

A clean break and daily close above $71,000 opens the path toward the first resistance at $83,700

If $66,500 fails, a move toward the $50,000 support zone becomes likely. That area could offer a stronger bounce opportunity👍.

$BTC
{spot}(BTCUSDT)