Technical analysis by TheSignalyst about Symbol BTC on 16 hour ago

📈Bitcoin remains overall bullish, trading cleanly inside its rising channel. Each dip toward the lower bound has acted as a strong springboard for the next impulsive move, showing clear demand from buyers. ⚔️As BTC approaches the lower trendline of the channel and the green demand zone, we will be looking for trend-following longs. This confluence area has held multiple times and continues to act as a key decision point for market structure. 🏹As long as BTC remains above this zone , the bullish scenario remains intact, and another push toward higher highs becomes the most likely outcome. Only a break below the demand zone would weaken the bullish outlook. Now it’s all about the retest… will the bulls defend structure once again? 🤔 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr