📉 $BTC is still grinding inside a clear descending channel on the 1H chart.
Right now, #Bitcoin is trading near $76,900, sitting just below the upper boundary of the channel. This is a critical decision zone.
If bulls can break and hold above $77,200–$77,500, we could see a relief rally toward $78,400, which is the major resistance zone marked on the chart.
That area is where many trapped longs may finally get a chance to exit.
But if Bitcoin gets rejected here again, the pressure returns fast.