📊 BTC/USDT Analysis: Bullish Momentum Builds 🚀$BTC
Bitcoin is consolidating in an ascending triangle on the weekly chart, indicating a potential breakout. Key points:
- 📈 Bullish momentum: Bouncing off trendline support, showing strength.
- 🔓 Breakout required: A solid move above the triangle is necessary to forecast a new peak.
A successful breakout could lead to a new high for BTC, while a failure might result in a consolidation or correction. Traders and investors should watch the 21-day MA and triangle resistance closely for a potential buying opportunity or sign of weakness. Stay alert! 💸