Bitcoin Analysis (BTC/USDT - 12H)

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Bitcoin Analysis (BTC/USDT - 12H)Bitcoin / TetherUSBINANCE:BTCUSDTNeshevvvBitcoin continues to trade inside a clear descending channel on the 12-hour timeframe. Price has been respecting the upper yellow resistance and lower yellow support for the past several weeks. Key observations: Multiple rejections from the upper trendline (highlighted with red circles) Temporary bounces off the lower trendline (green circles) The overall structure remains bearish as long as BTC stays below the descending resistance. A decisive breakout above the upper yellow line would be the first strong signal of a potential trend reversal. On the downside, a clean break and close below the lower trendline + daily level could accelerate the move toward the 74K–75K zone. Waiting for confirmation on the next interaction with the channel boundaries. What do you think — will we see a breakout or continued range inside the channel?