$BTC /USDT ANALYSIS
Bitcoin has broken down from the rectangular channel with significant volume and is currently retesting the breakdown level.
The Ichimoku cloud is acting as a key resistance barrier above the current price action.
A successful retest and rejection could trigger another downward move, while a failed retest could push the price back inside the channel. Keep a close eye on upcoming price action.
#SenBlumenthalProbesCantorFitzgeraldTetherTies
Bitcoin has broken down from the rectangular channel with significant volume and is currently retesting the breakdown level.
The Ichimoku cloud is acting as a key resistance barrier above the current price action.
A successful retest and rejection could trigger another downward move, while a failed retest could push the price back inside the channel. Keep a close eye on upcoming price action.
#SenBlumenthalProbesCantorFitzgeraldTetherTies