#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
#TrumpConsidersEndingIranConflict
#BinanceKOLIntroductionProgram
BTCUSDT
Perp
78,273.1
+2.17%
ETHUSDT
Perp
2,390.93
+2.76%
XRPUSDT
Perp
1.4522
+0.82%