Bitcoin Warning: This Pullback Could Lead to the Next Move UpBitcoin / USDBINANCE:BTCUSDSelenaa_Bitcoin is moving within a clearly defined ascending channel. After reaching the upper boundary, price pulled back sharply toward the lower edge — but what stands out is the reaction there. Instead of continuing lower, price was firmly rejected, leaving a wick that signals buyers stepping in. If bullish momentum holds, price can revisit the top of the channel. In the current context, this scenario remains valid, with the potential for a breakout and further upside extension if momentum builds. That said, risk should be noted: if price closes decisively below the lower boundary of the channel, the bullish structure would be compromised. In that case, the market could shift into a deeper short-term correction.