_*4H $BTC /USD ascending channel setup*_

Current Structure

Timeframe: 4H

Price: ~ $69,194

Pattern: Ascending Channel

RSI: ~ 36–41 (weak momentum)

Price is currently sitting right on the lower support trendline.

Support & Resistance

Major Support

$68,500 – $69,000 → Channel support

$66,800 → Previous swing support

$64,000 → Strong macro support

Resistance

$71,500 → Local resistance

$74,000 – $75,000 → Channel top

$76,500 → Major breakout zone

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BTC
BTC
66,109.47
-0.39%