#BTC/USDT ANALYSIS
Bitcoin is consolidating within a descending triangle pattern and is currently trading below the resistance trendline.
The Ichimoku cloud is also acting as a strong overhead resistance, reinforcing bearish pressure.
A decisive breakout above the pattern would signal a bullish confirmation, watch for strong momentum and volume.
Bitcoin is consolidating within a descending triangle pattern and is currently trading below the resistance trendline.
The Ichimoku cloud is also acting as a strong overhead resistance, reinforcing bearish pressure.
A decisive breakout above the pattern would signal a bullish confirmation, watch for strong momentum and volume.