$BTC has been moving inside a descending channel since July 21 — lower highs, lower lows. Price just pushed up to the upper channel resistance at 64.4K.
This is the line that has rejected every rally for the past 2 weeks.
🔴 Rejection here → channel holds, next drop toward 63K → 62.5K lower channel support
🟢 Break above 64.8K with a strong 4H close → channel broken to the upside, move toward 65.5K → 67K
Simple setup — price is at the ceiling right now. Either it breaks through or gets pushed back down. No trade in the middle, wait for the candle to decide. 🎯
