📊 BTC/USDT 1-Hour Chart Analysis:

Upward Momentum: Bitcoin is trending within a rising channel.

Key Resistance: Testing the upper channel near $58,000.

Support: Mid-channel at $56,000 offers potential support.

Bullish Outlook: A breakout above $58K could push BTC higher, targeting $59K+.

Pullback Risk: Failure to break resistance may lead to a retest of $56K.

Bitcoin is at a critical point—watch for a breakout or retracement!