$BTC is moving inside a descending channel right now, showing that short-term bearish pressure is still in play. I’m noticing that the 21MA is acting as a strong resistance, rejecting upward attempts and keeping the price contained.

If we see Bitcoin break decisively above the 21MA, it could signal that bullish momentum is returning, potentially driving price toward the top of the channel. On the flip side, a pullback might find support at the channel’s lower trendline, giving us a bounce before the next move.

The key here is to watch how price reacts around these levels. The next big directional shift will likely be confirmed by either a clear breakout above resistance or a solid bounce from support.

Patience is crucial, confirmation matters more than speculation at this stage.