BTCUSDT: Ascending Channel Intact — 78,700 BuyerBitcoin / U.S. dollarBITSTAMP:BTCUSDMike_Forex_BTCHello traders! Here's my technical outlook based on the current BTCUSDT (2H) chart structure. BTCUSDT previously traded inside a broad range before breaking above the resistance line and shifting bullish. Price then rallied strongly and formed an ascending channel toward the 82,000 Seller Zone. Currently, BTCUSDT is trading above the 78,700 Buyer Zone while respecting the ascending support line. Key Levels: 🔴 Seller Zone (TP1): 82,000 🔵 Buyer Zone: 78,700 📈 Bias: Bullish while price holds above 78,700 and the ascending support line Analysis: The recent breakout and retest suggest that buyers remain active, with price potentially moving higher after a successful support retest. As long as BTCUSDT remains above the 78,700 Buyer Zone and respects the ascending support line, the bullish scenario remains valid. A successful retest of support could push price toward the 82,000 Seller Zone (TP1). However, a breakdown below 78,700 and the support line would weaken the bullish outlook and increase the risk of further downside