#BTC/USDT ANALYSIS

Bitcoin is currently consolidating within an ascending triangle pattern. It is facing rejection at the horizontal resistance zone of the triangle.

The 100-day moving average (MA) is providing support, while the 200-day MA is acting as resistance above the triangle. We need to wait for a successful breakout or breakdown to confirm the next direction.

$BTC #CryptoTradingGuide #CryptoPCEWatch #TradingAdvice #marketanalysis