#ATASurgeAnalysis #BTC/USDT ANALYSIS

#BitwiseBitcoinETF

Bitcoin is currently trading above the horizontal demand zone of a descending triangle pattern, with the 200MA providing strong support, indicating the potential for a bounce.

However, the Ichimoku Cloud is acting as a resistance barrier above the pattern and signaling bearish momentum. A decisive breakout or breakdown of the pattern is needed to confirm the next directional move.