BTC/USDT: Lower Highs Hold as Price Stalls Below 109K ResistBitcoin/TetherOKX:BTCUSDTRTED_InvestingBTC/USDT fulfilled the prior move and is now struggling below the 109,000 resistance after rebounding from 99,000. Price remains in a descending channel, approaching a key confluence zone near 109,200 where upward and downward trendlines intersect. If this level holds, a decline toward 102,250 support remains likely. The bearish bias stays intact as long as the lower high structure persists. ❗️ Risks: – Break above 109,800 may trigger short covering. – Dovish Fed or soft inflation data could lift sentiment. – ETF inflows may drive renewed spot demand.