BTC Dip Resilience: A Healthy Pullback Inside Structure - Dec 1

BTC is dipping again today, but the price action remains orderly and far from bearish breakdown territory. Despite the volatility, BTC continues to hold above the previous cluster of local lows, preserving its higher timeframe structure. More importantly, price is still sitting comfortably within a key support band that has acted as a demand pocket throughout this entire consolidation phase.

The market has not shown any signs of structural damage. Sellers pushed into support, but so far there has been no follow-through or momentum shift that would indicate trend exhaustion. Instead, the reaction looks controlled, with buyers stepping in each time price revisits this region. This kind of behavior usually reflects absorption rather than weakness.

In the bigger picture, this is the type of pullback you expect during a mid-cycle correction: sharp enough to unsettle sentiment, yet technically intact and anchored by strong underlying demand. Until we see a break beneath those prior lows, the path of least resistance remains upward.

Overall, the chart still leans bullish. The current dip is behaving like a constructive reset, not the start of a deeper unwind.