1. #BTC/USDT ANALYSIS

  2. Bitcoin is trading within the horizontal supply zone of an ascending triangle pattern, facing resistance at this key level.

  1. The 100MA is also acting as a resistance barrier above the current price action, adding further pressure.

  1. A strong breakout above both the pattern and the 100MA would confirm a bullish rally in the market.

  1. However, rejection from this zone remains possible, which could lead to a downside move.

$BTC

BTC
BTC
77,985.48
+2.98%