$BTC /USDT ANALYSIS

Bitcoin is consolidating within a descending channel and is currently testing the upper boundary of the trendline resistance. The price is trading inside the Ichimoku Cloud, reflecting uncertainty and equilibrium between buyers and sellers.

A confirmed breakout above the channel resistance, supported by strong volume and a retest of the breakout zone, would signal a potential bullish continuation. However, failure to break and sustain above the resistance could result in a rejection, keeping BTC trapped within the channel and exposing it to lower supports.

For now, price action remains neutral and traders should wait for a decisive breakout or rejection before entering high-probability positions.