Bitcoin BTC could be ready to bounce! I’ve been tracking an ascending channel that has dictated Bitcoin's price action since April 9. Every time BTC has touched the rising support line of this channel, we've seen a reliable rebound toward the upper boundary. • On April 13, BTC rebounded from $71,000, resulting in an 11% surge to the channel top at $78,000. • On April 30, BTC held the floor at $75,000, sparking a 10.52% rally toward the $82,900 peak. Today, I'm watching Bitcoin test this support trend line again at roughly $79,000. If this floor holds, BTC could be positioned for a rebound back toward the channel top, which currently sits near $86,000. If we fail to defend this $79,000 level, it would represent a structural breakdown of the one-month trend and likely trigger a retest of lower support zones.(Ali Charts)