#BTC/USDT ANALYSIS

Bitcoin is rebounding from the support trendline of an ascending broadening wedge pattern and is currently trading above the 100MA, which serves as a key support level. The Ichimoku Cloud is acting as a resistance barrier, limiting upward momentum.

A breakout above the Ichimoku Cloud could signal further bullish movement, while a breakdown below the 100MA may indicate a potential downward trend. Stay alert for decisive moves in either direction.