BTCUSDT – Strong Recovery Within a Developing UptrendBitcoin / TetherUSBINANCE:BTCUSDTxr_invest📊 BTCUSDT – Strong Recovery Within a Developing Uptrend Bitcoin is currently recovering after a major drop and is now forming a clear ascending structure inside a broader trend channel. Price is approaching a key dynamic resistance trendline, making this a critical decision zone. 🔹 Key Observations: Market structure shows higher lows and higher highs Price is testing a major resistance trendline A smaller bullish channel (green) is guiding the current upward move Clear recovery phase after the previous sharp sell-off 📉 SMI Indicator: Previously showed multiple bearish divergence signals Now approaching the overbought zone again Indicates a possible pullback or consolidation soon 📌 Bearish Case: If price gets rejected: Potential retrace to 74K – 72K Continued movement inside the channel likely