Bitcoin continues to move inside an ascending channel after testing the main resistance zone around 95,700.
Price action shows a slight correction while respecting the channel structure. Despite a "fake divergence" appearing on the RSI, the main trend remains bullish as long as the 90,900 support holds.
✅ If buyers defend this zone, we could see another leg higher toward the channel top and beyond the main resistance.
⚠️ However, if 90,900 breaks down, it would signal weakness, and short opportunities could emerge with a target toward the 86,400 zone and lower.
Key Levels to Watch:
Support: 90,900
Resistance: 95,700
Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
