Bitcoin Testing Descending Channel Support | Recovery Scenario UBitcoin / U.S. dollarBITSTAMP:BTCUSDjimmy-trader1Bitcoin continues to trade inside a well-defined descending channel after an extended corrective move. Price is currently reacting near the lower boundary of the channel, where previous buying activity has appeared. This area may become an important technical zone to monitor for the next intraday move. The projected path illustrates one possible scenario in which price forms a short-term base before attempting to recover toward the upper channel resistance. If buyers maintain control above the current support region, the market structure could gradually improve and shift attention toward higher resistance levels. However, as long as price remains inside the descending channel, trendline resistance continues to play an important role. A confirmed move above the upper boundary would strengthen the recovery structure, while rejection from resistance may keep price within the current corrective trend. Key Support 64,300 – 64,450 64,000 Key Resistance 65,200 65,500 66,000 Potential Targets 🎯 Target 1: 65,200 🎯 Target 2: 65,500 🎯 Target 3: 66,000