#BTC/USDT ANALYSIS
Bitcoin is consolidating within a descending triangle and is currently trading inside a key horizontal demand zone. A bounce from this zone is possible, as it often serves as support.
However, the Ichimoku Cloud is indicating bearish momentum, which could pressure the price further. If Bitcoin breaks below the triangle and confirms the breakdown with a retest, we could see a continuation of the downward trend.
This is a critical level to watch closely.
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