#BTC /USDT ANALYSIS
Bitcoin has broken out of the falling wedge pattern and is currently undergoing a retest of the breakout level. The 50MA is acting as a resistance barrier above the current price action.
A successful retest of the wedge combined with a breakout above the 50MA would confirm bullish momentum and could trigger a strong market rally.
#trading
Bitcoin has broken out of the falling wedge pattern and is currently undergoing a retest of the breakout level. The 50MA is acting as a resistance barrier above the current price action.
A successful retest of the wedge combined with a breakout above the 50MA would confirm bullish momentum and could trigger a strong market rally.
#trading