BTC/USDT – Descending Channel Breakdown: Will Key Supports Hold? | Master Trade Analysis 🔸

Overview

$BTC is trading at $82,577.57 on the 1D timeframe. A large descending channel has guided the broader downtrend, while a smaller ascending channel formed recently provided a brief relief—until price broke down from its support. Now, BTC is approaching two historically significant supports (around $80,000–$78,000) that have held over the past few days. Bulls must defend these levels to avoid further downside.