Bitcoin: Bulls Hold the Trend — But Resistance Is BitingBitcoin / TetherUSBINANCE:BTCUSDTDukesMarketAnalysisResistance Finally Slows the Move Bitcoin has pulled back after reaching the major $80,600–$82,850 weekly resistance zone, with the recent high coming in at $79,206. Sellers are responding, but so far there has been little evidence of an aggressive rejection. Medium-Term Structure Remains Bullish Bitcoin continues to produce a series of medium-term higher highs and higher lows. Until that structure begins to break down, the recent weakness remains a pullback within the bullish move rather than a confirmed reversal. 21/8-Period EMAs Providing Support Price continues to trade around the bullishly crossed 21/8-Period EMAs, with the averages still sloping higher. This remains another positive feature of the current trend. Declining Volume on the Pullback Perhaps more encouragingly for bulls, volume has been decreasing as price pulls back from the highs. RSI also remains comfortably above 50, while StochRSI has already moved into oversold territory. The Level Bulls Cannot Afford to Lose The more important structural level sits at the $75,545 swing low. A break below this level would change the bullish character of the medium-term move and bring the $73,400–$74,510 FVG firmly back into focus. In Summary Bitcoin has met resistance around $80,600–$82,850, but the medium-term bullish structure remains intact. Higher highs and higher lows continue to dominate, while declining volume on the pullback suggests sellers have yet to take meaningful control. The key level sits at $75,545; holding above it keeps the bullish character intact. A break below would be the first significant warning and could open the door to a deeper retracement towards the $73,400–$74,510 FVG.