Technical analysis by milad-bit24 about Symbol BTC on 9/26/2025

BTC is trading inside a clear descending channel, indicating a sustained bearish trend. $101,558 – a potential short-term support level. $98,795 – a stronger support aligned with the lower boundary of the channel and long-term trendline. Long-term trendline support: Still intact, starting from late 2024, suggesting that the macro uptrend is not yet broken. If BTC holds above $101K and rebounds, it could reattempt a breakout from the descending channel. A breakdown below $98.8K may accelerate bearish momentum, potentially pushing the price toward $92,703 as marked on the chart. On the upside, a confirmed breakout above the descending channel could bring BTC back toward the $120K region.