BTC / USDT : Trying to breakout from descending channel

BTC/USDT is breaking out of the descending channel on the 2H timeframe. If this breakout holds, we could see a bullish rally of around +10%, targeting the $124,000 zone.

Trade Setup:

Entry: After breakout confirmation / retest hold above $113,000

Targets: $118,000 – $124,000

Stop-Loss: Below $111,000 (channel support invalidation)


As always, wait for confirmation to avoid fake breakouts and manage risk properly.