descending channel fakeout breakout Bitcoin vs US DollarPEPPERSTONE:BTCUSDdezoempire421Bitcoin 4H Update BTC is still trading inside a clean descending channel. We had a small breakout attempt recently, but it failed and price was pushed right back into the channel, showing sellers are still in control. Price is currently sitting near the lower half of the channel, with both the 50 EMA and 200 EMA acting as overhead resistance. As long as BTC stays below these EMAs and inside the channel, momentum remains bearish. Key things to watch: Reaction at the bottom of the channel Whether bulls can reclaim the EMAs A confirmed breakout above the channel before expecting any trend reversal For now, structure is still down. Patience until we see a real breakout with follow‑through.