📊#BTCUSDT4H – Updated Technical Analysis

🚀#Bitcoinbroke out of the ascending triangle pattern with strong volume, reaching a new all-time high!

🔍 Technical indicators:

📈 Moving averages (21 and 50 periods): Are providing firm support to the price, indicating a consistent uptrend.

🌥️ Ichimoku Cloud: Points to robust bullish momentum, reinforcing the likelihood of a continuation of the upward movement.

💡 What does this mean?

The combination of support from the moving averages and a bullish signal from the Ichimoku suggests that BTC may:

1️⃣ Retest the pattern breakout to seek new confirmation of support.

2️⃣ Continue the upward movement towards even higher levels.

🔮 What to expect next?

If volume remains strong and the moving averages support the price, new highs could be reached in the coming sessions. Keep an eye on support and resistance levels!#Bitcoin#Cryptocurrencies#Trading#BTCAnalysis#CryptoMarket#Investment #ExtraIncome