#BTC/USDT ANALYSIS

$BTC is currently trading within a descending triangle pattern. At present, it is making an attempt to break out. The MA 200 indicates a bullish trend. However, the Ichimoku cloud is posing as a resistance barrier.

A decisive breakout from the triangle would confirm the #Bullish momentum. Conversely, a rejection at this level would signal a continuation of movement within the triangle pattern.

#Bitcoin #bitcoinhalving