BTC at a Critical Crossroad – Red Channel is the Last Stand

hello guys! let's review what happened in btc and what could happen!

📉 1. Blue Ascending Channel Broken:
Bitcoin has decisively broken below the blue ascending channel, signaling a shift in momentum from bullish to neutral/bearish.

🟥 2. Red Channel Holding as Support (For Now):
Despite the drop, the red ascending channel is still intact and currently acting as support. Price is consolidating right at its lower boundary.

⚠️ 3. If Red Channel Breaks – Expect Strong Downward Move:
A confirmed breakdown below the red channel would likely trigger a significant bearish move, potentially pushing BTC towards the $GETTEX:97K - $96K support zone and possibly lower.

🧭 Conclusion:
We’re at a decision point. If bulls fail to hold the red channel, it could open the door to deeper correction.