#BTC / #USDT update
BTC recently encountered resistance at the descending trendline, and it is currently maintaining its position above a horizontal support level.
If the horizontal support is consistently breached, it would indicate a potential downward movement towards further support.
On the other hand, if BTC rebounds from the current level and successfully breaks above the descending trendline, it would signal a potential rally towards the point of control level.
This level holds significance for #Bullish traders, as a breakout would confirm a strong upward trend in the market.
