🚨BITCOIN where are you going?
Simple analysis 🤔
Bitcoin is currently trading within a descending triangle pattern and facing rejection from the resistance trendline. The Ichimoku Cloud is providing support just below the price action.
A breakdown below the Ichimoku Cloud could signal further downside movement within the pattern.
Conversely, a breakout above the triangle, supported by significant volume, would confirm a bullish trend. It's essential to closely monitor these key levels for the next move.