Bitcoin is consolidating within a descending triangle pattern, encountering strong rejection at the resistance trendline.
The Ichimoku Cloud indicates bearish momentum, suggesting further caution. A decisive breakout or breakdown is needed to confirm the next directional move.
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· 2025-01-08 05:27
BTC-USDT Analysis
BTC is consolidating in a descending triangle and has encountered a strong rebound at the resistance trendline.
The cloud chart shows bear market momentum, suggesting the need for greater caution. A decisive breakthrough or breakdown is needed to confirm the next direction of movement.
#BTC##GateioInto11##ContentStar##HotTopicDiscussion#
BTC-USDT ANALYSIS
Bitcoin is consolidating within a descending triangle pattern, encountering strong rejection at the resistance trendline.
The Ichimoku Cloud indicates bearish momentum, suggesting further caution. A decisive breakout or breakdown is needed to confirm the next directional move.
#BTC #GateioInto11 #ContentStar #HotTopicDiscussion