$BTC/USDT ANANLYSIS

Bitcoin is trading below the resistance trendline of a descending broadening wedge pattern, while the 100MA is acting as a support beneath the current price.

A strong breakout above the pattern would confirm a bullish rally in the market.

However, rejection from this level is also possible, which could lead to further downside.

BTC

78,103.22

-1.11%

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