#Bitcoin is consolidating within an ascending triangle #pattern and is currently #trading below the 50MA, which is acting as a resistance barrier. A rebound from the support trendline is possible, while a breakout above both the 50MA and the #pattern would provide #bullish confirmation. Keep an eye on further price action developments. $BTC
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#BTC/USDT ANALYSIS
#Bitcoin is consolidating within an ascending triangle #pattern and is currently #trading below the 50MA, which is acting as a resistance barrier. A rebound from the support trendline is possible, while a breakout above both the 50MA and the #pattern would provide #bullish confirmation. Keep an eye on further price action developments. $BTC
#crypto