#BTC/USDT ANALYSIS
Bitcoin is still holding above the support trendline of the broadening wedge pattern, keeping the current market structure intact.
Meanwhile, the 100MA is acting as a key resistance barrier above the current price action.
A solid breakout above the 100MA could strengthen bullish momentum and trigger another upward rally in the market.
Bitcoin is still holding above the support trendline of the broadening wedge pattern, keeping the current market structure intact.
Meanwhile, the 100MA is acting as a key resistance barrier above the current price action.
A solid breakout above the 100MA could strengthen bullish momentum and trigger another upward rally in the market.
