BTC USDT ANALYSIS

BTC bounced from the horizontal support after sweeping the equal lows and is currently trading below both the horizontal level and the descending trendline resistance.
As long as BTC remains below this confluence area, the current move can be considered a relief rally. A clean breakout and acceptance above the trendline and supply zone would shift momentum bullish otherwise, rejection from this zone could lead to another revisit of the 63K demand region.