Bitcoin is encountering resistance at the horizontal supply zone following a successful rebound from the demand zone. The Ichimoku Cloud currently serves as a barrier above the price action.
A potential downward movement could occur from this level, but a breakout above the horizontal supply zone and the Ichimoku Cloud would signal further upward momentum. #BTC #GateioInto11 #ContentStar
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BTC-USDT ANALYSIS
Bitcoin is encountering resistance at the horizontal supply zone following a successful rebound from the demand zone. The Ichimoku Cloud currently serves as a barrier above the price action.
A potential downward movement could occur from this level, but a breakout above the horizontal supply zone and the Ichimoku Cloud would signal further upward momentum.
#BTC #GateioInto11 #ContentStar