$BTC /USDT ANALYSIS

Bitcoin is rebounding from the support trendline of an ascending channel, with the Ichimoku Cloud acting as a strong support indicating bullish strength.

As long as price holds above the channel support, an upward rally can be expected.

However, a breakdown below the channel would shift momentum bearish and could lead to further downside.

BTC

78,103.22

-1.11%

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WBTC

77,841.99

-1.05%