๐ MARKET UPDATE: $BTC
Bitcoin is moving inside a descending channel on the 8-hour chart.
Right now, it's testing the upper resistance near $109,500โ$110,000, a zone that has caused multiple rejections before.
โ A breakout and retest above this level could bring bullish momentum, with targets around $114,000โ$116,000.
โ But if it fails to break, BTC may drop again toward the mid-channel support.
โ ๏ธ Bitcoin is at a key decision point โ breakout means possible upside, rejection means more sideways action.
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