#Bitcoin is in a rising channel 📈

Bottomed near $60k.
Now making higher highs, higher lows.
Bulls are in control as long as $74k holds.
But here’s the catch:
$BTC just got rejected at the top of the channel
right at the daily 200 MA.
That’s the most important level.
Two scenarios from here:
1. Bullish case
If $74k holds → next stop $83 K
Break that with volume → $90 K-$98 K is back on.
2. Bearish case
If $74k breaks → $70k first.
Lose the channel → $60k comes back.
That erases the whole recovery.
Here’s the signal nobody’s talking about:
The $BTC- to - Nasdaq ratio is stuck at 2.70
Keeps getting rejected at 3.0.
Translation: $BTC isn’t leading. It’s following Nasdaq.
Until it breaks 3.0 and outperforms tech,
the real bull run hasn’t started.
Key levels:
Support: $74,000
Resistance: $83,000