š #BTC/USDT ANALYSIS š
Bitcoin is currently trading within a descending broadening wedge, with price action hovering just below the wedge's resistance trendline. The Ichimoku Cloud is providing crucial support beneath, signaling potential buildup for the next big move.
A breakout above the wedge's resistance, backed by strong volume and momentum, could mark a bullish shift, leading to a potential new peak. The Ichimoku Cloud would then act as foundational support, confirming a sustained rally toward higher levels. š