🔴 $BTC/USDT ANALYSIS
Bitcoin is consolidating within the descending triangle pattern and is currently trading below the resistance trendline.
The 50MA is acting as a key resistance barrier, while the 100MA is providing support below the current price action.
We need to wait for a solid breakout or breakdown of the pattern to confirm the next directional move.
#BTC Price Analysis#
Bitcoin is consolidating within the descending triangle pattern and is currently trading below the resistance trendline.
The 50MA is acting as a key resistance barrier, while the 100MA is providing support below the current price action.
We need to wait for a solid breakout or breakdown of the pattern to confirm the next directional move.
#BTC Price Analysis#
