#BTC/USDT ANALYSIS

BTC got rejected after doing a fake out above the MA 200 and couldn't able to reach the descending trendline. Currently, it is trying to hold above the horizontal support.

MACD crossover and the RSI are showing neutral signs as volume is very low in the market. A good volume bounce and breakout of the descending trendline would be the bullish confirmation, while a sustained breakdown would be a further correction sign.