Currently, Bitcoin is testing the resistance trendline of its descending broadening wedge pattern. A successful breakout of this level could confirm a bullish trend.
The Ichimoku Cloud provides strong support beneath the price action, reinforcing the potential for upward momentum. Keep a close eye on the breakout for confirmation.
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#BTC/USDT ANALYSIS
Currently, Bitcoin is testing the resistance trendline of its descending broadening wedge pattern. A successful breakout of this level could confirm a bullish trend.
The Ichimoku Cloud provides strong support beneath the price action, reinforcing the potential for upward momentum. Keep a close eye on the breakout for confirmation.
#BTC breaks $69,500, a new ATH coming?