Prediction:
• Bearish Bias: Unless the price can decisively break above the EMA(7) and the mid-level of the channel, the bias remains bearish.
Next Levels to Watch:
• Support: $82,000, followed by $76,600 if the support breaks.
• Resistance: $84,500 (EMA 7) and $88,700–$89,500 (upper range of the channel and EMA 100).
If BTC stays within the descending channel and the oversold RSI triggers a bounce, a short-term upward move is possible, but the broader trend remains bearish unless a breakout above $89,500 happens.
