💰 BTC/USDT 1H – Analysis update

As we anticipated in the previous analysis, Bitcoin was close to a possible reversal, and indeed we saw a rebound that partially validated that hypothesis.

1️⃣ The support at $103,000 has held, acting as a defense zone by the bulls.
2️⃣ Currently, the price is forming a descending wedge or short-term bearish channel, a pattern typically considered a bullish continuation.

📈 A bullish breakout from this structure could lead the price to seek at least a new higher high, aligning with a sequence of ascending lows that started after the support.

We remain attentive. The structure is set, now it's up to the market to decide.