#BTC/USDT ANALYSIS
Bitcoin has surged by +6% so far, playing out exactly as we predicted from the horizontal demand zone and the double bottom formation. Our analysis has perfectly captured this rebound.
The Ichimoku cloud is currently acting as a key resistance barrier, making this a crucial breakout zone.
A solid breakout above both the Ichimoku cloud and the descending broadening wedge resistance could trigger another strong bullish rally in the market. Keep a close eye on upcoming price action
Bitcoin has surged by +6% so far, playing out exactly as we predicted from the horizontal demand zone and the double bottom formation. Our analysis has perfectly captured this rebound.
The Ichimoku cloud is currently acting as a key resistance barrier, making this a crucial breakout zone.
A solid breakout above both the Ichimoku cloud and the descending broadening wedge resistance could trigger another strong bullish rally in the market. Keep a close eye on upcoming price action
