Bitcoin remains in a broader bullish trend, but the recent pullback has developed into a well-defined corrective channel.

Price is now approaching Major Demand, where buyers have historically stepped in. Until the channel is broken, this remains a corrective move rather than a confirmed trend reversal.

📊 Stralines Market Outlook

🟡 Bias: Neutral
🟢 Higher-Timeframe Trend: Bullish

📉 Current Structure: Corrective Channel

🟩 Support: Major Demand
🔷 Confirmation: Break and close above the channel resistance.

What I'm Watching

🐂 Bullish Scenario
Major Demand continues to hold.
Price breaks above the corrective channel.
Market structure shifts back in favor of buyers, opening the path toward higher objectives.

🐻 Bearish Scenario
Failure to hold Major Demand.
Breakdown below the channel support.
Correction may extend before the next bullish opportunity develops.

The strongest uptrends don't move in straight lines.
They advance, correct, and then reveal whether buyers are still in control.

This corrective channel could simply be a pause within the larger trend—or the start of something deeper.

The next breakout should provide the answer.

Do you see this as a bullish continuation or a deeper correction? Share your analysis below. 👇