BTC New Low: Is the Bottom Forming or Bears Still in ControlBitcoin / TetherUSBINANCE:BTCUSDTJustTechnicalsTaking lead from our previous analysis, Bitcoin remained under pressure throughout the week and printed a new low near 58,115 within the ongoing bearish correction. Trend Hierarchy Secular Trend: Bullish Intermediate Trend: Bearish Correction Short-Term Trend: Bearish Bullish Side The main bullish argument is the RSI bullish divergence visible on the daily chart and also on the 5-day timeframe. This shows that bearish momentum may be weakening. However, divergence alone is not enough. It must translate into price action through higher highs, higher lows, and reclaiming important EMAs. Bearish Side The bearish case remains stronger for now. BTC continues to form lower highs and lower lows, while major EMAs are still falling and aligned in bearish structure. Time analysis also suggests that the correction may not be complete yet. The strengthening U.S. Dollar also adds pressure on Bitcoin and the broader crypto market. Outlook We maintain a bearish stance on BTC and the crypto market for now. The bottom does not appear confirmed yet. Once BTC forms a clear reversal structure, we will update the view accordingly. Stance ➡️ BTC Printed New Low Near 58,115 ➡️ Lower Highs / Lower Lows Continue ➡️ EMAs Remain Bearish ➡️ RSI Bullish Divergence Visible ➡️ Price Confirmation Still Missing ➡️ Stronger DXY Supports Bearish Crypto View ➡️ Current Stance: Bearish Until Bottom Confirms Price tells the story. For short updates: X @JustTechnicals_