Bitcoin Technical Analysis – Daily TimeframeBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PBintkhalifaBitcoin Technical Analysis – Daily Timeframe Bitcoin is trading near $62,381 after a sharp decline from the $126,208 high. The daily structure remains bearish, but the price has reached a major demand zone that could support a medium-term recovery. Buy Zone The key accumulation area is: $59,234–$57,758 $55,780–$53,940: stronger accumulation zone $48,885: final defensive level if the decline continues Entries should be divided gradually using a DCA strategy, rather than deploying the entire position at one level. Bullish Scenario Holding above $59,234, followed by a daily close above $62,673, would support the beginning of a recovery. The upside targets are: $79,278 $87,651 $97,585 $110,894 $125,804 $140,000 A move toward $97,585 would bring Bitcoin back near its equilibrium area. However, a confirmed bullish reversal requires reclaiming and holding above the higher resistance levels. Bearish Scenario A break below $57,758 would increase the probability of a decline toward: $55,780–$53,940 Then $48,885 A daily close below $53,940 would signal further weakness. Losing $48,885 would invalidate the current recovery scenario and require a complete reassessment of the market structure. Conclusion Bitcoin is trading within a potential buy zone, but a bullish reversal has not yet been confirmed. The current area may suit gradual long-term accumulation with strict capital management. The first technical confirmation would come from reclaiming $62,673. Analysis based on the BintKhalifa Market Positioning Framework. For educational purposes only and not financial advice or a recommendation to buy or sell.