Bitcoin Technical Analysis (BTC/USDT)Bitcoin / TetherUSBINANCE:BTCUSDTMike-BTD Bitcoin has experienced a sharp rejection following its recent rally, pulling back below the short-term moving averages. Despite this correction, the broader bullish structure remains intact, with price holding above the previous breakout region. The $82.5K to $83K region is now the key support to watch. A successful retest could provide the foundation for another move higher, while losing this level could trigger a deeper correction toward $80K to $81K. Momentum has cooled considerably, with short-term indicators showing increased selling pressure. The volume profile also highlights significant liquidity below current levels. For now, Bitcoin remains at a critical decision point. Holding support would favour bullish continuation, while a confirmed breakdown could shift the outlook toward a broader retracement.