Hello guys!

BTC is currently trading in a well-defined descending channel, showing lower highs and lower lows since mid-March.

Descending Channel: The upper and lower boundaries have acted as reliable resistance and support zones.

Double Bottom Pattern: The price action has recently formed a double bottom near the $75,000 area (marked "HUNT2"), which is generally a bullish reversal signal.

Breakout Target: The breakout of the neckline of the double bottom targets the $85,000–86,000 area, which corresponds to the upper boundary of the channel — a confluence resistance.

False Signals (HUNT1 & HUNT2): These "hunting" zones likely represent liquidity grabs or stop-loss sweeps, indicating strong institutional manipulation before major moves.

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🔮 What's next?

🎯 Bullish Scenario: After hitting the lower level of the neckline, it will touch the upper line of the channel and reach the target of the pattern.#SecureYourAssets #BinanceLaunchpoolWCT #BinanceVoteToDelist $BTC