🚀 BTC Quick Update – 1H Analysis
BTC is moving inside a descending channel, creating a sequence of lower highs and lower lows.
Price has bounced strongly from the channel support, but still remains below the upper trendline.
Market is in controlled downtrend, but a breakout could change direction quickly.
📈 Bullish Scenario
If BTC breaks above the channel resistance (90.8k):
➡️ Momentum can flip bullish
➡️ Targets → 91.6k → 92.4k
Reason:
Breakout from descending channel often leads to a short-term reversal.
📉 Bearish Scenario
If BTC gets rejected near the upper channel and falls:
➡️ Retest of 88.8k – 88.5k
➡️ Breakdown below this zone = deeper drop possible toward 87.5k
📝 Summary
BTC is still inside a descending channel, but showing early signs of a bounce.
A strong move will come only after breakout from this channel structure.
For now → Wait for confirmation.
