
$BTC/USDT UPDATE $Bitcoin is currently trading within a descending channel and holding above the channel’s support trendline. If #BTC continues to hold this support, the price could move toward the channel’s resistance, potentially opening the door to an upward move. On the other hand, a confirmed breakdown below the support trendline could invalidate the current support structure and lead to further downside. Keep a close eye on price action for confirmation of the next move.
