Technical analysis by cryptodailyuk about Symbol BTC on 12/7/2025

🔍 MARKET STRUCTURE The chart shows a broad ascending channel in which BTC has been moving for several days: Lower trend support: ~$87,500 – $88,000 Upper trend line: ~$94,500 – $95,000 The price has clearly rebounded from around $89,200, an important demand level. 📈 KEY LEVELS Support USD 89,284 – local support from which a rebound occurred USD 87,804 – the next, much stronger support level consistent with the trendline Resistance USD 91,466 – currently being tested USD 94,141 – key resistance and the upper band of the channel 📊 CHART SITUATION (4 hours) 1. Price action The price has made a strong upward impulse from support at USD 89,280. It is currently reaching local resistance at USD 91,450 – USD 91,700. If this level is broken, the target is USD 94,000 – USD 94,500. If it fails, a pullback to USD 90,200/USD 89,300 can be expected. 📉 MACD Your MACD shows: Bullish crossover – buy signal. The histogram changes from red to green → momentum is increasing. The curves are diverging, confirming the strength of the move. This indicates that the short-term trend is turning bullish. 📌 TWO TRADING SCENARIOS 🟢 BULLISH Scenario (more likely) Condition: H4 candle breakout and close above USD 91,700. Targets: TP1 → USD 92,800 – USD 93,200 TP2 → USD 94,000 – USD 94,500 (upper channel) Stop-loss (if you were going long): below USD 90,500 Safer below USD 89,280 MACD confirms this scenario. 🔴 BEARISH Scenario Condition: rejection of USD 91,700 and a close below USD 90,500. Targets: TP1 → USD 89,300 TP2 → USD 87,800 (key trendline) A drop to USD 87,800 would be an ideal place for large players to buy again.