Bitcoin / TetherUS
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Bitcoin still on DOWNTREND (Bearish)

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Once the price action is still below the supply zone and the general trend is downtrend, we can consider any asset with this condition still in a bearish scenario.

Bitcoin for the pass few days break the support in 29K and now playing within this range and below our SUPPLY ZONE.

We need a break of structure and hoping that will break the supply zone in 32K to consider that BTC will now in a reversal trend.

Once its touch only the SUPPLY ZONE and still reverse for a downtrend, the trend will continue
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Still bearish,

Moving averages still act as a resistance
our QQE mode indicator still on RED bars meaning bearish momentum

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BTCBTCUSDBTCUSDTTrend Analysis

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