Bitcoin has established a clear uptrend channel since rallying from its monthly low near the $66,000 mark, with the cryptocurrency advancing to its highest level since mid-March. The channel is defined by a series of higher lows along the support line and higher highs approaching the upper boundary, reflecting a methodical and sustainable bullish structure. The recent advance was halted as Bitcoin approached the upper boundary of the uptrend channel, a zone where selling pressure has consistently emerged to cap upside attempts. The subsequent retracement suggests that the market is respecting the channel’s technical ... (full story)