Bitcoin is encountering rejection at the resistance trendline of its descending triangle pattern and is currently trading within the horizontal demand zone of the teianglw.
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#BTCUSDTANALYSIS
btc/usdt analyses
Bitcoin is encountering rejection at the resistance trendline of its descending triangle pattern and is currently trading within the horizontal demand zone of the teianglw.
Abounce from this level is possible However, the lchimoku Cloud and the 200MA are action as trong resistance barriers.
A breakdown below the pattern's support could lead to further market correction.
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