#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.

NFA-DYOR

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$BTC

BTC
BTCUSDT
66,609.4
+1.00%

$ETH

ETH
ETHUSDT
2,006.86
+1.22%

$XRP

XRP
XRPUSDT
1.341
+1.28%