Trend
#BTCUSDT is pushing higher this week, but the broader trend remains bearish.
Price is still trading below a key resistance zone, and structure continues to favor lower highs.
So far, this looks like a relief bounce rather than a confirmed reversal.
Key resistance
83.5K remains the critical resistance level.
Price has not been able to break and hold above it, keeping upside limited.
A weekly close above this level is needed to shift momentum.
Key support
~70K is acting as short-term support after the recent bounce.
60K remains the major higher timeframe support.
Losing 60K would likely open the door for a deeper move down.
Bear scenario
As long as price stays below 83.5K, the trend favors continuation lower.
Rejection in this area could lead to another move toward 60K.
Bull scenario
A strong weekly close above 83.5K would be the first sign of strength.
That would break the pattern of lower highs and suggest a potential trend shift.
Conclusion
Despite the bounce, the overall structure has not changed.
Until 83.5K is reclaimed on a weekly basis, rallies are likely to be corrective.
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