Crypto analyst Ali has highlighted a crucial juncture for Bitcoin as it navigates technical phases. He warns that if Bitcoin ($BTC) fails to reclaim the $80,000 level, a potential downward correction could occur, possibly signaling a breakdown from its current price structure. This analysis comes amidst Bitcoin’s movement within a defined bullish channel, which resembles parallel trendlines with price oscillating between support and resistance zones. A successful rebound from these levels is often seen as prerequisite for further gains. 80K success would validate the channel formation and signal a potential relief rally to $91,000. However, if Bitcoin fails to reclaim this threshold, it may lead to a downward correction. This scenario may also negate the current bullish setup entirely.