BTCUSDT

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BTCUSDTBitcoin / TetherUSBINANCE:BTCUSDTHAMED_AZHello Traders! 👋 What are your thoughts on Bitcoin? Bitcoin has formed a clear descending channel after consistently printing lower highs and lower lows. However, over the past two months, price has been consolidating within a trading range, moving sideways without a clear directional trend. Currently, price is positioned around the mid-range, and as long as this range remains intact, a sharp impulsive move is unlikely. Bearish Scenario (Primary View): Based on the current market structure, as long as price remains: • Inside the descending channel • Below the key resistance / supply zone The overall bias remains bearish. In this scenario: • A breakdown below the range support • Would confirm continuation of the downtrend • Opening the path toward lower levels (channel lows and beyond) Bullish Scenario (Alternative): If price manages to: • Break above the descending channel • And reclaim the resistance zone with strong confirmation Then the bearish outlook would be invalidated, suggesting a potential trend reversal or a deeper bullish correction. Although the market is currently in a consolidation phase, the broader structure remains bearish. Therefore, until key breakout levels are taken, downside continuation remains the higher-probability scenario. Please don’t forget to like and share your thoughts in the comments! ❤️