BTC-USDT ANALYSIS



Bitcoin is consolidating within a descending triangle pattern and is currently rebounding from the horizontal demand zone.

A breakout above the 50MA could signal upward movement within the pattern, while a breakdown below the demand zone could trigger a significant market correction.

It's essential to monitor the price action closely for confirmation of the next move.
#BTC #GateioInto11 #ContentStar #HotTopicDiscussion
BTC-1,12%
S-2,56%
MOVE-0,35%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)