$BTC Descending Channel in Play 📉

Zoom out and the structure is clear:
125K → 82K → 98K → 62K → 79K → 43K
• Progressive lower highs
• Repeated support taps
• Clean channel compression
This isn’t random volatility — it’s a structured descending channel.
Inside the channel:
• Rallies fail below prior highs
• Selloffs sweep support liquidity
• Volatility compresses
• Momentum weakens into support
That’s controlled distribution, not chaos.
But compression doesn’t last forever.
If price breaks and accepts above the upper boundary:
• Lower-high structure invalidates
• Shorts lose control
• Momentum shifts to expansion
• Overhead liquidity becomes fuel
Key: A wick isn’t enough.
We need a close above, a strong retest, HH + HL structure, and expanding volume.
Until then, it’s still a channel.
Compression → Break → Expansion.
Watch the boundary. That’s where structure turns into momentum.
$BTC #Bitcoin #Crypto