BTCUSDT: Ascending Channel Confronts Supply ZoneBitcoin / TetherUSBINANCE:BTCUSDTmelikatrader94Hi! Pattern: Price is moving inside an ascending channel and has completed a three-drives pattern. Zone: The market is hitting a major Supply & Demand (S&D) zone at $65,600, showing signs of rejection. Bias: Bearish. The focus is on short positions aiming for the lower channel support near $62,500, unless a clean breakout above resistance invalidates the move. I’m excited to announce that I’m now a Brand Ambassador for AvaTrade!