💡 #BTC/USDT ANALYSIS

Bitcoin has broken free from the descending channel! 🎉 Now, it's retesting above it, with the MA 50 providing some much-needed support. The Ichimoku cloud, however, is keeping things interesting as resistance. ☁️

A successful retest or a break above the Ichimoku cloud could mean that bulls are in control. 🐂💪 But if BTC dips back into the channel, it might suggest more movement within the channel.

Are we on the verge of a breakout, or is it back to the grind? Keep an eye on these levels!