📉💰 #BTC/USDT Analysis Update:

BTC took a tumble following the breakdown and successful retest of the rising wedge pattern. 📉 It's worth noting that BTC also breached the crucial MA 100 and the Ichimoku cloud, indicating increased bearish sentiment. 🐻☁️ However, there's a glimmer of hope as BTC is currently clinging above the horizontal support level.

Investors are eyeing a potential bounce from this support zone, hopeful for a reversal in the short term. 🔄📈 However, caution is advised as a solid breakdown below the horizontal support would signal further downward pressure, potentially leading BTC towards testing the MA200 support level. ⚠️📉

Stay tuned for further updates as BTC navigates through these critical support levels! 🚀💼 #BTCAnalysis #CryptoTrading 📊💱