😎BTC/USDT ANALYSIS

After breaking out of the symmetrical triangle pattern, the bitcoin is currently facing rejection at the previous high, where the 200MA is also acting as a resistance barrier, while the 100MA is providing support. A retest of the pattern can be expected at this stage.

Furthermore, a breakout above the horizontal supply zone and the 200MA will signal a bullish trend. Keep a close watch on these movements.

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