💎$BTC /USDT ANALYSIS

Bitcoin is currently testing the horizontal resistance zone of an ascending triangle on the weekly timeframe. This pattern suggests the potential for a significant process movement, as ascending triangles often precede breakouts.

The 21-day moving average is acting as a resistance level. A breakout above this moving average would indicate a bullish trend, likely leading to higher prices.

Conversely, if Bitcoin fails to break through the 21MA, it may result in a downward movement within the triangle, potentially revisiting lower support levels.

#btc @Salman Khan Wazir #bitcoin #BTCanalysis #salmankhanwazir