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🤓BTC/USDT ANALYSIS

•Bitcoin is currently trading below the horizontal resistance after its breakout from the descending triangle pattern, with the 200MA serving as a resistance barrier.

•A decisive breakout above both the 200MA and the horizontal supply zone could signal the start of a bullish rally, potentially driving significant upward momentum in the market.

•However, caution remains as the price could still undergo a retest above the triangle's resistance to confirm the breakout before further upward movement is established.

$BTC $ETH $SOL

BTC

68,475.13

-2.84%