๐จ $BTC Important Update, Is More Dump Coming ? ๐จ
Bitcoin is currently trading within an ascending triangle pattern. The price is fluctuating close to an important upward trendline, indicating strong support.
Additionally, the 100-day moving average is acting as a significant barrier. Given these conditions, we can expect a bounce from the trendline of the pattern.
However, if Bitcoin breaks below this trendline, it could trigger a further market correction. This would indicate a shift in momentum from bullish to bearish, potentially leading to lower price levels.
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