Bitcoin is still respecting the descending channel structure with precision, showing clear lower-high formations and repeated liquidity grabs along the way.

$126K → $80K → $97K → $60K → $79K (fakeout liquidity sweep) → $42K projected path remains the broader structural roadmap until proven otherwise.

What stands out here is not just the price levels, but the behavior — every push up is getting sold, and every breakout attempt is being absorbed, which signals continuation pressure inside the channel.

Momentum is still favoring downside as long as BTC fails to break and hold above the upper boundary of the structure.

This is not noise — it’s controlled price discovery within a clear macro pattern.

Save this chart. Market memory is short, but structure doesn’t lie.