#BTC/USDT ANALYSIS BTC pumped with high volume following a | Crypto Revolution Masters on Binance Square

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#BTC/USDT ANALYSIS
BTC pumped with high volume following a breakout from the triangle pattern. However, it faced rejection at the horizontal resistance level. A retest of the triangle or a decisive breakout above the horizontal resistance would provide bullish confirmation.

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#BTC/USDT ANALYSIS Bitcoin has broken out of its descending triangle pattern with strong volume. The Ichimoku cloud is providing support below the current price action and showing bullish momentum. We should wait for a retest. A successful retest would confirm further bullish momentum for BTC. Conversely, if the retest fails, we may see the price revert to moving within the triangle. $BTC

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