#Bitcoin is currently consolidating within a descending channel, indicating controlled #bearish pressure in the short term. Price is facing rejection from the 21MA, which is acting as a dynamic resistance barrier and capping upward attempts. A decisive breakout above the 21MA would signal renewed #bullish momentum and could trigger an upward rally toward the channel’s upper boundary. Alternatively, if price pulls back, we may see a bounce from the channel’s support trendline before the next #move unfolds. Keep a close watch on price behavior around these key levels for confirmation of the next directional shift. #CryptoScam $BTC
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#BTC/USDT ANALYSIS
#Bitcoin is currently consolidating within a descending channel, indicating controlled #bearish pressure in the short term. Price is facing rejection from the 21MA, which is acting as a dynamic resistance barrier and capping upward attempts. A decisive breakout above the 21MA would signal renewed #bullish momentum and could trigger an upward rally toward the channel’s upper boundary. Alternatively, if price pulls back, we may see a bounce from the channel’s support trendline before the next #move unfolds. Keep a close watch on price behavior around these key levels for confirmation of the next directional shift. #CryptoScam
$BTC