BTC at Critical Channel Midpoint | Breakout or Rejection?Bitcoin / U.S. dollarBITSTAMP:BTCUSDLamassu_TradeBitcoin is now testing the $120K–124K resistance zone, right under the mid-line of the long-term ascending channel. Price action here will decide the next major move. 🔼 Bullish scenario: A daily close above $124K would confirm strength, opening the path toward $131K–136K, and eventually the upper channel trendline. 🔽 Bearish scenario: Failure to hold this zone could trigger a retrace back to $113K–117K, with deeper support at $105K and $95K. We successfully anticipated the last downside move and closed our position around $109K, locking in profit before this rebound. At current levels, risk is elevated — some may consider short opportunities if rejection confirms. For buyers already in profit, we recommend setting stop-losses and being ready to close positions if the situation turns bearish. Macro context: ETF inflows and cycle indicators support upside potential, but U.S. macro risks (government shutdown, Fed policy uncertainty) remain a strong headwind. ⚖️ Conclusion: Today is a decision day. Breaking the channel midpoint unlocks higher targets, while rejection could push BTC lower again. ❗ Disclaimer: This is not a trade recommendation. I’m only sharing my personal thoughts on the market.