$BTC Update


The move above the descending channel was just a classic deviation, with price sweeping liquidity around 74K before rejecting back into the structure.
Price is currently sitting around the top of the channel (~68K). If this level continues to act as resistance, the path of least resistance is a rotation back toward the mid channel region, where the next notable liquidity sits around 64–65K.
For bulls, the key level remains reclaiming the channel resistance. Until that happens, this was just a liquidity grab.
BTC-3,25%
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