#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.

80,444.4

-0.48%

ETHUSDT

Διην.

2,268.41

-1.96%

BNBUSDT

Διην.

654.82

-0.24%