Technical analysis by CryptoPilot about Symbol BTC on 7/28/2025

🔻 Bitcoin at Descending Channel Resistance – Watch This Level Closely! 📉 BTC/USDT is currently testing the top boundary of a well-defined descending channel on the 2H chart. 🟨 This zone has acted as strong resistance in the past, and the current reaction suggests the potential for a short-term rejection. Unless we see a clean breakout above $120K with strong volume and follow-through, the more probable scenario is a pullback towards the midline or lower boundary of the channel. 💡 Notably, this area also aligns with a local supply zone and prior liquidity sweep, making it a key decision point. ⸻ 🧭 CryptoPilot’s Take: This is where patience pays off. No breakout = no FOMO. Watch for confirmation before acting. ⸻ ❓ What’s your view? Will BTC break out and flip bullish here — or is a deeper correction on the way? 👇 Share your thoughts in the comments! 💬 Follow for daily high-probability setups using Smart Money & Wave Theory. Let's grow together!