Today’s report will include:

• BITCOIN Technical Analysis

• Market Psychology

• Trading Tools

• FREE Crypto Trading Secretes Guide 2025

BITCOIN CHANNEL RESISTANCE

Bitcoin continues to trade within a well-defined downsloping channel, respecting both the upper and lower boundaries before reversing. The recent price movement saw an impulsive drop that was quickly recovered by a short squeeze back toward the channel high. However, price has now reached a critical resistance region, which aligns with key technical confluences.

Key Points to Consider:

• Bitcoin remains in a downsloping channel, respecting its edges before reversing.

• The current resistance zone aligns with the 0.618 Fibonacci level and the overall bearish market structure.

• Low-volume price movement suggests weakness in the recent rally.

• The key downside objective remains the channel low at $92,231.

From a trading perspective, this region is a clear resistance level where professional traders typically look for short positions or profit-taking opportunities. Given the slow volume grind to the upside, there is no strong indication that price has the momentum to break out impulsively. If rejection occurs here, the logical next move would be a return to lower support at $92,231, which also aligns with untapped liquidity.

An important takeaway from this price action is the concept of trading within a channel. Price moves in rotations, and channels are one of the most common structures in technical analysis. High-probability trades often occur at the edges of the channel, while the middle tends to be volatile and difficult to manage risk effectively. With Bitcoin approaching the channel high, this setup offers a strong risk-to-reward ratio for shorts, provided the trend remains intact.

However, traders must always anticipate that the channel will eventually break. If price does break out impulsively, those positioned on the wrong side must have proper risk management in place to minimize losses. The key to success in these conditions is staying disciplined, following a clear trading plan, and adapting to the structure as it develops.

Hope this analysis helps.

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 Psychology  🧠 

Bitcoin Insider bouncing back to work, See you in the next one! 👊