#BTC/USDT ANALYSIS$BTC

Following the breakout of the descending broadening wedge pattern, BTC is now trading within a critical horizontal supply zone. The 21MA and 50MA are signaling strong bullish momentum, suggesting increased buying interest.

A successful test and breakthrough of this key level could lead BTC to establish a new peak, potentially pushing its price further upward as momentum builds.

However, if BTC fails to sustain a breakout above this zone, we may witness a pullback, with the price dropping yet staying above the previously broken pattern. This will be a crucial test of BTC's bullish strength and resilience in the current market.