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#BTC / #USDT update #bitcoin is currently consolidating within a falling wedge pattern and trading below both the MA 100 and the Ichimoku cloud. However, it is holding above the MA 200, which provides some #support . The falling wedge pattern is typically considered a strong #bullish signal. There are two potential scenarios to consider: a bounce from the current level or another test of the falling wedge before a potential breakout. For a more robust confirmation of a bullish direction, a solid breakout from the falling wedge is needed. This would indicate a stronger upward movement for BTC.

#BTC   / #USDT   update 
#bitcoin   is currently consolidating within a falling wedge pattern and trading below both the MA 100 and the Ichimoku cloud. However, it is holding above the MA 200, which provides some #support   .
The falling wedge pattern is typically considered a strong #bullish  signal. There are two potential scenarios to consider: a bounce from the current level or another test of the falling wedge before a potential breakout.
For a more robust confirmation of a bullish direction, a solid breakout from the falling wedge is needed. This would indicate a stronger upward movement for BTC.