#BTC/USDT ANALYSIS
Bitcoin has broken down from the head and shoulders pattern and is currently retesting the neckline. The Ichimoku Cloud is acting as a resistance barrier, indicating bearish pressure.
A successful retest of the neckline could lead to further market correction. On the other hand, a candle close above the invalidation level would invalidate the pattern and may signal a potential trend reversal.
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BTCUSDT
Διην.
70,797.9
-3.65%
ETHUSDT
Διην.
1,995.64
-0.16%
XRPUSDT
Διην.
1.2799
-3.17%