📉 BTC Rejected at Channel Resistance – Lower Trendline in Sight
Bitcoin continues to respect the channel, facing strong rejection at the upper trendline. This rejection signals a likely move toward the lower boundary of the channel, as bearish momentum kicks in.
🔻 Short-Term Outlook: Bearish
📉 Current Sentiment: Bearish
🔻 Next Key Support: [$106,400] break come > 104,500
🔍 Eyes On: Potential bounce or further breakdown
📍 Watching for a retest near: [$96,700.00]
Traders, stay alert — the trend is your friend.
#BTC