$BTC btc is rebounding from its descending channel's support after a strong rejection🧐
The 200-day MA is acting as resistance🔻
A breakout above the 200 MA would confirm bullishness📈
Watch for potential downside if price breaks below channel support📉
#SOFR_Spike #BTC #BinanceTurns7 #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments