BTC/USDT ANALYSIS 🤔

BTC experienced a significant increase in volume following the breakout of the ascending triangle, effectively clearing upward liquidity. Subsequently, the price rapidly declined, indicating a downward liquidity grab. Despite this, a successful retest above the triangle ensued.

The current outlook suggests a potential continuation of the bullish momentum. However, in the event of a retracement, another test of the triangle could be in the cards.

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