๐จ๐จ ๐๐ข๐ญ๐๐จ๐ข๐ง ๐๐ซ๐ ๐๐ง๐ญ ๐๐ฉ๐๐๐ญ๐, ๐๐ข๐ฅ๐ฅ ๐ข๐ญ ๐ ๐๐ฅ๐ฅ ๐ญ๐จ 60๐ค ๐๐ ๐๐ข๐ง ๐จ๐จ
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Bitcoin is currently consolidating within a descending channel pattern on the 2D timeframe. It is trading above the Ichimoku cloud, which is providing support below the price action. A breakout above the channel is needed to signal another bullish rally in the market.
> Conversely, if the price fails to break through the resistance trendline, we may see continued price movement within the pattern, potentially leading to a decline.
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