$BTC Loses Ascending Channel - Whatโ€™s Next๐ŸŽฏ๐ŸŽฏ๐ŸŽฏ๐ŸŽฏ

$BTC has broken down from a prior ascending channel and is now consolidating below former channel support, which has flipped into resistance around 89.5kโ€“90.5k. Price is making lower highs, suggesting bearish structure in the short term.

A rejection from the resistance zone could trigger continuation to the downside, with interim support near 85.5kโ€“86k. Loss of this area opens the path toward the 80.5kโ€“81k final target zone highlighted on the chart.

Only a sustained reclaim and hold above 92k would invalidate the bearish bias and signal a potential recovery.#BinanceBlockchainWeek #BinanceAlphaAlert #WriteToEarnUpgrade