📊 BTC/USDT Technical Outlook

Bitcoin is currently trading within an ascending channel, showing a strong bullish structure. 📈 Price is holding above the key support level near $112,134, with buyers defending the trendline successfully. A breakout above $117,944 could open the path toward the upper resistance zone near $134,423.

On the downside, if BTC closes below the channel support and $112,134, we could see a deeper pullback toward $104,610. Until then, the bias remains bullish, supported by higher highs and higher lows. Traders are watching closely for a continuation toward new highs in the coming weeks. 🚀💹

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