(BTC/USD) daily timeframe.(BTC/USD) daily timeframe. The chart includes price action analysis with a highlighted ENTRY ZONE around 85,147 - 87,885.
Chart Analysis:
• The market has experienced a sharp drop and is now expected to retest the entry zone (resistance area).
• After testing this zone, the chart suggests a potential price rejection and a further downward movement.
• A support level is marked around 76,805 - 76,765, which could act as a target if the price continues to decline.
• The current price is 85,147, and the overall outlook appears bearish.
Let me know if you need a more detailed breakdown or discussion!