#BTC Trend

📊 Pure Price & Volume Analysis

Current Price: 84,686.59

24h High: 91,626.75

24h Low: 83,822.76

24h Change: -7.27%

24h Volume: 2.82B USDT (significant)

🔁 Market Structure Assessment

· Lower Highs & Lower Lows Present → Downtrend confirmed.

· Price made a high at 91,626.75, then broke below prior support, accelerating down to 83,822.76.

· Current price is near the day's low → sellers are in control.

BTC
BTC
89,184.59
-0.58%

📈 Volume Interpretation

· High volume on a down day confirms strong selling pressure.

· No visible volume spikes on up moves → buyers lack conviction.

· The large red volume bars in the lower panel show aggressive selling during price declines.

đŸ§± Key Horizontal Levels

Resistance Above:

· 88,000–89,500 (previous minor support, now resistance)

· 91,626.75 (today’s high — major resistance)

Support Below:

· 83,822.76 (today’s low — critical level)

· Below that, 80,600 and 79,067.49 (swing lows on chart)

🧠 Trader’s Logic Without Indicators

1. Trend: Down.

2. Momentum: Sellers dominating, buyers absent.

3. Volume Confirmation: High sell-side volume supports continuation.

4. Levels to Watch:

· If price holds above 83,822.76, could see a small bounce toward 88,000.

· If price breaks 83,822.76 with volume, expect move toward 80,600.

· Only a break above 91,626.75 would invalidate the bearish structure.

✅ Action Plan

· Short on retest of 88,000–89,500 zone (previous support turned resistance).

· Go long only if price reclaims 91,626.75 with increasing buy volume.

· Stop for shorts above 91,626.75.

· First profit target for shorts: 80,600.

📌 Bottom Line

Market is bearish. Price is near daily lows. No evidence of buyer strength. Trade the break of 83,822.76 for continuation down, or wait for a clear higher high above 91,626.75 to consider a reversal.

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