$BTC is bouncing from the support trendline of the ascending triangle, and buyers are showing some strength.
But there’s still a wall above. The Ichimoku Cloud is acting as key resistance, so this is a level bulls need to clear.
A clean breakout and hold above the cloud could confirm the next move higher. If support breaks instead, the bullish setup weakens fast.
Right now, patience matters. Let the breakout or breakdown confirm the direction before chasing the move.
#BTC Price Analysis#
But there’s still a wall above. The Ichimoku Cloud is acting as key resistance, so this is a level bulls need to clear.
A clean breakout and hold above the cloud could confirm the next move higher. If support breaks instead, the bullish setup weakens fast.
Right now, patience matters. Let the breakout or breakdown confirm the direction before chasing the move.
#BTC Price Analysis#
