BTC/USDT – 8H – BUY

On the 8-hour BTC/USDT chart, a very strong bullish signal has been generated, driven by a confluence of technical events. A Trendline Break Down was confirmed alongside multiple momentum shifts, including the BOP, CMO, and RSI all crossing above their respective zero and midline levels. The EMA 50 and T3 indicators are showing a retreat up, while a Fibonacci Break UpTrend from the 0% level and a Belt Hold Bullish candlestick pattern add further weight. This cluster of signals suggests a decisive shift in short-term momentum, with the price breaking a key downward structure.

Despite this local bullish strength, the broader trend context remains cautious. The signal is strongest on the 15-minute and 30-minute timeframes, which show solid and forming bullish trends. However, higher timeframes from 4-hour to daily remain bearish and choppy, indicating that this move may be a counter-trend rally within a larger downtrend. The immediate resistance to watch is at 66,956.15, while support rests at 61,824.97. A sustained break above resistance would be needed to challenge the bearish structure on the higher timeframes.