Bitcoin 4H Analysis – Price Action Inside the Descending ChannelBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PMo_AlhameliBitcoin continues to trade within a clear descending channel on the 4H timeframe. Currently, price is rejecting the upper boundary near 113,600, with support levels forming around 112,300 – 110,900. A break above the channel and retest could open the way towards the 115,000 – 117,000 supply zone, while holding below keeps the bearish momentum alive targeting the 110,400 – 109,700 range. I’ll be watching closely for a potential breakout or further continuation to the downside.