BTC / USDT update 📣

Bitcoin is currently undergoing an extended consolidation phase within the marked zones.

At present, it appears to be finding support at a horizontal level while trading below the Ichimoku cloud.

The RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) crossover indicators are signaling neutral conditions.

Given the current setup, a rebound is anticipated as long as BTC remains above the aforementioned horizontal support.

However, should the marked support level experience a sustained breakdown, it would serve as confirmation for a potential downward movement.

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