#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within a descending triangle on the daily timeframe, approaching a key resistance defined by the descending trendline. The 100day moving average is also serving as resistance above this trendline.
A breakout above both the triangle and the 100MA would likely indicate a bullish trend. However, failure to break through these levels could result in continued consolidation or a potential retracement.
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