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