BTC/USD — Bitcoin at channel resistance: decisive momentBitcoin vs US DollarACTIVTRADES:BTCUSDDENOLLAFINANCERUMarket Overview: Bitcoin is trading around 108,861, testing the upper boundary of the descending channel. The bullish structure from point X to C has played out, and price is now testing potential support at point D within a harmonic pattern. The market remains uncertain: price action is within the channel, but upside momentum is still active. Technical Signals & Formations: ABC pattern approaching potential reversal zone Resistance: D1 (110,580) and W1 (112,141) Support: 106,450 (MA200) and horizontal level at 105,138 Uptrend from June 24 remains valid Key Levels: Resistance: 110,580 / 112,141 Support: 106,450 / 105,138