#Bitcoin is consolidating within a symmetrical triangle #pattern and is currently #trading below the 50MA, which is acting as a resistance barrier. From here, we can expect either a rebound from the support trendline or a breakout above both the 50MA and the pattern, which would provide #bullish confirmation. Keep an eye on upcoming price action for clearer direction. $BTC
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#BTC/USDT ANALYSIS
#Bitcoin is consolidating within a symmetrical triangle #pattern and is currently #trading below the 50MA, which is acting as a resistance barrier. From here, we can expect either a rebound from the support trendline or a breakout above both the 50MA and the pattern, which would provide #bullish confirmation. Keep an eye on upcoming price action for clearer direction. $BTC
#crypto