BTCUSDT Analysis by @planfomo

The presenter discusses Bitcoin and Ethereum using technical analysis on a daily timeframe. For Bitcoin, the analysis points out a descending trend. The speaker identifies a buy long position area and a take profit target of $103,000-$101,000. Bitcoin currently trades at around $104,000. If there is another breakdown the level to watch out for is the 93000 level which is the next key support. The market structure is bearish because it is printing lower highs. Potential key sell power resistance is at $116000. However, for Ethereum the take profit target is at $3900 with a buy long area, also mentions that potential divergence is there, as well a buying power at $2300. A failure price would be a breach below $2170.