$BTC is trading within a perfect descending channel, respecting both the upper and lower trend lines.

Current Price: $104,900

Just touched the resistance of the channel — now deciding the next move...

If BTC breaks above the channel:

It will confirm a bullish reversal

Targets:

$106,500

$108,800

$111,000 (if the momentum continues)

If BTC is rejected again:

It could fall back to:

$103,000

$101,000