BTCUSDT Short: Rejected From 78K Supply as Bearish Channel HoldsBitcoin / TetherUSBINANCE:BTCUSDTheniitradingHello traders! Here’s my technical outlook based on the current BTCUSDT (3H) chart structure. BTCUSDT previously traded inside a consolidation range. After reaching pivot point, price lost momentum and entered a descending channel, confirming growing bearish pressure. Currently, BTCUSDT is trading below the 78,400 supply zone while moving inside the descending channel structure. Multiple breakout attempts around the resistance area failed to hold, signaling that sellers remain active. As long as BTCUSDT remains below the 78,400 resistance level and continues to respect the descending channel resistance, the bearish scenario remains valid. A continuation lower could push price toward the 75,500 demand zone (TP1). Manage your risk!