#Analysis#BTC/USDT
Bitcoin bounced from the support trend line of a rising wedge pattern. Currently, it is rejected by the pattern's resistance trend line. The MACD crossover is expected to turn bearish.
A continued breakdown of the rising wedge would confirm the downtrend, while further consolidation within the triangle is also possible.
On the other hand, if the price breaks above the resistance trend line of the pattern, the pattern will be invalidated.
