Bitcoin Current Market Structure — Daily ChartBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PPrinciplesofmathprobAfter a long decline, price reversed direction and managed to break through resistance, which tomorrow —if tested— should act as support to reach higher levels where it could encounter further resistance. The entire structure, in bullish terms, does not look strong at all. The second median line doesn’t even have a positive slope; it still has a negative slope and forms areas where sellers are likely to step in to end the party, or at least pause it. What does seem quite probable from my perspective is that price moves a bit higher first, and then we’ll see what happens next. BTCUSDT.P BTCUSDT BTCUSD