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#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within a descending triangle pattern, trading just below the resistance trendline. The 100MA is acting as a key resistance level above the current price action.
A decisive breakout above both the pattern and the 100MA would signal a potential bullish trend.
However, until such a breakout occurs, further price movement within the triangle remains likely. Keep a close watch for the next significant move.