Bitcoin Trades in Descending Channel as $67,400 Level Emerges as Key Resistance

On February 19, analysts observed Bitcoin trading inside a descending intraday channel, with $67,400 acting as the main resistance level. The price is moving sideways within a tightening range, while a volatility squeeze signals a possible breakout zone. Bitcoin trades around $66,673.69, leaving traders focused on whether a move above or below this structure will define the next direction.