BTC Update: Panic, But Structure Remains IntactBTCUSDT SPOTBYBIT:BTCUSDTBeyondTheNoiseBTCMarket Update – Follow-up to my June 13 post Price briefly flushed into 67k before quickly reclaiming higher levels, but HTF bearish pressure pushed us back toward 58k with very little effort. As usual, a lot of panic... yet structurally, not much has changed. This brings us right back to the macro outlook from June 6. The big question now is whether we're finally heading into the weekly demand zone at 54.8k–57.3k. For now, buyers are showing up. We have 2 Daily rejection wicks and 3 rejection wicks on the 4H, suggesting demand is stepping in and a relief bounce remains on the table. Predictions should always be taken with caution, but if I had to lean one way, I currently see two likely scenarios: 🔹 Scenario 1 Price holds here and pushes back into the 63k–64k region, where the MBS sits. That would be the first area to watch for a reaction. 🔹 Scenario 2 We see one final liquidity sweep / long squeeze into the weekly demand zone (54k–57k). If that plays out, I'd expect a much stronger and more aggressive rebound from that area. As always, let the market confirm the scenario—react, don't predict.