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BTC is testing the upper boundary of its descending channel at $78k+. While the momentum looks great, the next 48 hours are critical.Bitcoin is currently trading near $79,000, marking a significant recovery this month. After five months of sideways/downward action, thThe sentiment has shifted from "Extreme Fear" to "Cautious Optimism" (Fear & Greed Index at 46). Large "Shark" wallets (100–1,000 BTC) have been accumulating heavily, while some analysts warn of a potential "long-term" drawdown to $57k by late 2026 if the current cycle follows historical patterns. For now, the bulls are in control