Technical analysis by cryptodailyuk about Symbol BTC on 12/10/2025

1. Market Structure: Ascending Channel (Orange) The chart clearly shows an ascending trend channel – the upper and lower orange lines. Lower Channel Support: ~$87,000 Upper Channel Resistance: ~$96,000 Medium-term trend = uptrend as long as the price remains within this channel. 2. Key Levels You Have Marked Resistance $94,133 – local resistance from which the price recently rejected. $95,866 – upper boundary of the resistance zone + near-upper channel line. $99,067 – high target upon channel breakout. Support $92,190 – price is currently within this zone, struggling to maintain it. $90,757 – important intraday support; a breakout opens the way lower. USD 88,203 – strong support, converging with the lower part of the channel. 3. Price action Currently, I see: Rejection from the 94.1k level, which is resistance. Attempt to return to the center of the structure, but the candlestick is rejected from above. The market is making a short-term lower high → slight weakening of momentum. 4. Stoch RSI Stoch RSI (4h): The lines are in a downward trend from the upper levels, meaning a short-term correction is just beginning. There is no signal for an upward reversal yet → momentum favors a move to lower support levels. ⭐ 5. Scenarios for the next hours/1–2 days BULLISH (if BTC maintains 92k–90.7k) Condition: No break below $90,757 Potential moves: Consolidation at 92k–91k Stoch RSI begins to curve upward Attack: $94,133 $95,866 (upper channel resistance) Target: → $96,000 → possible test of $99,000 with a strong breakout BEARISH (if BTC breaks $90,757 down) This is a key level. If it breaks: A quick decline to $88,203 High probability of a retest of the lower channel line (~87k) This still won't destroy the uptrend, but it will open the door to buying lower.