Bitcoin (BTC) has recently rebounded from both the ascending trendline support and the 100-day moving average (MA). Currently, it is trading within the Ichimoku cloud, with the Relative Strength Index (RSI) positioned in the neutral zone. To confirm a bullish trend, it is essential for the bulls to regain momentum and achieve a decisive breakout above the horizontal resistance. Conversely, a sustained breakdown of the ascending trendline would indicate a potential short-term correction. #Crypto #bitcoin