BTC Structure Update (daily)

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BTC Structure Update (daily)Bitcoin / US DollarCOINBASE:BTCUSDcodymiller12727Bitcoin is starting to show signs of short-term strength as structure continues to improve. Price has now reclaimed the 10, 20, and 50 EMAs, with the 10/20 crossing back above the 50. This shift signals building momentum in the near term and a transition away from the prior downside pressure phase. However, zooming out, all key short-term EMAs are still positioned below the 200 EMA. That keeps the broader structure in a recovery phase rather than a fully confirmed long-term uptrend. Momentum indicators are aligning with this shift: • RSI is holding steady around 62 → strong participation without being overextended • ROC is stabilizing with a slight upward tilt → early signs of momentum rebuilding Overall, the market is showing constructive behavior. Strength is returning, but it hasn’t fully transitioned into a long-term bullish structure just yet. Summary: Short-term momentum is improving and structure is strengthening, but the 200 EMA remains the key level. Reclaiming that would signal a more complete shift in trend.