#BTC / #USDT update
Bitcoin is currently poised for a significant breakout from a protracted descending wedge formation observed on the 12-hour chart.
This technical pattern is further compounded by notable resistance levels posed by the Ichimoku cloud and the MA 100 within the descending wedge structure.
Presently, the price has successfully retraced above the horizontal support level, thus enhancing the likelihood of a substantial upward breach from the descending wedge.
Should this breakout occur, it would signify a robust bullish rally in the market, potentially signaling a notable surge in BTC value.
