#BTC/USDT ANALYSIS

Bitcoin is rebounding from the horizontal demand zone of the descending triangle pattern and is currently attempting to break the resistance trendline.

The Ichimoku Cloud is acting as a resistance barrier above the current price action.

A solid breakout of both the pattern and the cloud would signal a bullish trend. Otherwise, rejection from this level could lead to a pullback.$BTC

BTC

88,852.32

+0.85%