Probable Trend of BitcoinIn the 2-hour time frame, Bitcoin could follow one of these three trends:
1. If it hits its resistance channel, the price might drop to the step-level price I’ve drawn for you.
2. It might fail to gain significant volume and start its bearish trend from here.
However, if Tether dominance loses its support, Bitcoin is likely to turn its resistance channel into support, leading to a renewed price increase.