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#Recommend 3 Meme coins to buy the dip.
#BTC /USDT ANALYSIS
Bitcoin has broken out of the descending triangle and is currently trading below it. The 200-day moving average acts as a resistance above the price action, implying further downward movement.
However, if Bitcoin attempts a retest but instead overcomes the 200MA resistance, further consolidation within the triangle can be expected. A decisive breakthrough above the triangle will serve as a strong bullish confirmation.