#BTC/USDT ANALYSIS
Bitcoin continues to consolidate within the descending triangle pattern, trading below the resistance trendline.
The Ichimoku cloud is acting as a key resistance barrier, keeping bullish momentum in check.
A solid breakout above the triangle resistance and the cloud could signal a bullish recovery, while a breakdown below the triangle support could trigger further downside. Wait for confirmation of the next directional move.
Bitcoin continues to consolidate within the descending triangle pattern, trading below the resistance trendline.
The Ichimoku cloud is acting as a key resistance barrier, keeping bullish momentum in check.
A solid breakout above the triangle resistance and the cloud could signal a bullish recovery, while a breakdown below the triangle support could trigger further downside. Wait for confirmation of the next directional move.