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BTC/USDT 4h & 5m
On the left side, we can see that the price of bitcoin is managing to stay on the edge of the descending channel. The probability of it breaking it to the upside increases the longer it manages to hold in this zone.
On the right-hand side we see a sideways range of bullish continuation and as long as it continues to rise slowly but surely it will be positive. Since, it will end up breaking the resistance and the higher rank channel.
Only a break in the $83,000 area could be negative for bitcoin, because it would break the ascending lows it has been forming which confirms that we have a lot of bullish strength.