𝗕𝗧𝗖 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦
Bitcoin is still trading within an ascending triangle pattern, having recently been rejected at the horizontal resistance zone. The 100MA is currently providing support here.
Bitcoin's next decisive move depends on breaking above the resistance zone or below the ascending support trendline. A breakout with high volume suggests an uptrend continuation, while a breakdown with high selling volume signals a bearish reversal.
Monitoring these key levels and volume will be essential for anticipating Bitcoin's next direction.
