Looking at the weekly chart setup for BTC, there's a critical level to monitor. As long as the lower sweep remains intact, we're still forming higher lows on the structure—this is constructive price action.

The setup tells us something important: the bullish scenario stays alive if price manages to reclaim that level above. Once we see a decisive close back in that zone, the outlook shifts toward more bullish momentum.

The way I'm reading it—keep your eyes on whether support holds. If it does, the higher low pattern reinforces. If we get that reclaim back up, you've got a proper bullish setup developing. Either way, the price action right now is telling us the trend direction remains dependent on these key technical inflection points.