#BTC/USDT ANALYSIS

Bitcoin is currently facing resistance at the horizontal main supply zone while retesting the breakout point of the broadening wedge pattern.

A successful retest and breakout above this critical supply zone could confirm a bullish trend. Supporting the price action, the Ichimoku Cloud is providing strong support.

However, if the retest fails, further price movement within the pattern is expected.

BTCUSDT

Διην.

77,905.6

+0.57%

ETHUSDT

Διην.

2,353.55

+1.71%

BNBUSDT

Διην.

634.25

+0.73%