BTC: Is a New Bull Trend Around the Corner?Bitcoin / TetherUSBINANCE:BTCUSDTJustTechnicalsTaking lead from our previous analysis, BTC remains under a bearish intermediate trend. The RSI bullish divergence is still supporting the current bounce, but price has not yet confirmed a proper bullish reversal. Trend Hierarchy Secular Trend: Bullish Intermediate Trend: Bearish Correction Short-Term Trend: Sluggish Bounce / Resistance Test Market Structure BTC is currently struggling near the Daily EMA-50. Price has attempted multiple times to close above this moving average but has not succeeded so far. This shows that sellers are still defending the short-term trend. Bullish Side The RSI bullish divergence remains active and continues to provide support to the bounce. However, the divergence has not yet converted into strong bullish price action. Bearish Side The broader structure still remains bearish. Price is below major EMAs, and the EMA-50 is acting as resistance. A move above the EMA-50 may create short-term upside, but unless the move is sustained and supported by structure, it may still turn into a bull trap. Outlook For now, we expect BTC to remain sluggish or attempt a short-term move higher. However, until clear bottom confirmation appears, we do not see enough evidence to shift from bearish to bullish. Stance ➡️ RSI Bullish Divergence Still Active ➡️ BTC Struggling Near Daily EMA-50 ➡️ Multiple Failed Daily Closes Above EMA-50 ➡️ Short-Term Upside Possible ➡️ Bull Trap Risk Remains ➡️ Trend Not Bullish Until Bottom Confirms Price tells the story. For short updates: X @JustTechnicals_