📊#BTCUSDT12H Technical AnalysisBitcoin holds its position above the horizontal demand zone after a strong rejection at the resistance trendline.🔍 Key Indicators:

Ichimoku Cloud: Acting as an upper barrier, signaling resistance at the current price.

100MA: Providing solid support, preventing further declines.

📈 Possible Scenarios:

Break above the Ichimoku Cloud: Could trigger bullish momentum, paving the way for further resistance tests.

Break below the demand zone: Indicates selling pressure, potentially leading to a further correction in the market.

💡 Keep a close eye on: Trading volume and behavior of key levels to validate significant moves#Bitcoin#TechnicalAnalysis#Cryptocurrencies#BTC